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Start Up Loans · 53 articles
01 Are there any fees? 02 Can I apply if I'm a student? 03 Can I apply if I'm on Universal Credit or other benefits? 04 Can I apply while I'm still employed? 05 Can I change Business Support Partner, or move my application to bizbritain? 06 Can I change my mind? Withdrawing and the 14-day cooling-off period 07 Can I only have one Start Up Loan at a time? 08 Can I repay the loan early? 09 Can I take a payment holiday? 10 Can I take my Start Up Loan in two parts (a tranched loan)? 11 Can I use a Start Up Loan to buy a business or a franchise? 12 Does my business need to be registered with Companies House or HMRC first? 13 Does my second loan have to be for the same business? 14 Do I need a business bank account? 15 Do I need a deposit for a Start Up Loan? 16 Do I still have to repay if my business closes? 17 Eligibility: which businesses and loan purposes are excluded? 18 Evidence required to fund premises 19 How do I apply? 20 How do repayments work, and who do I pay? 21 How is my application assessed? 22 How long can I take to repay a Start Up Loan? 23 How long will it take? 24 How much can I apply for? 25 How to complete your business plan workbook 26 How to evidence your ability 27 I have poor credit history: will I be declined? 28 I'm on a visa: am I still eligible? 29 Is a Start Up Loan a personal loan? Do I need security or a guarantor? 30 Is bizbritain the lender? Who provides my Start Up Loan? 31 I started my application but haven't heard anything 32 I've been turned down by my bank: can I still apply? 33 My application was declined: can I appeal or reapply? 34 My business has been trading for a few years: is it too late? 35 My business is just an idea: am I still eligible? 36 My business sells abroad: am I eligible? 37 My ID, proof of address or bank statements were rejected: what's accepted? 38 Second loans: how do I apply for a second Start Up Loan? 39 Start Up Loan eligibility: am I eligible? 40 What can I spend a Start Up Loan on? 41 What documents do I need? 42 What do I do if my business partner also wants to apply? 43 What happens after I submit my application? 44 What help does bizbritain give during my application? 45 What if I can't make a repayment? 46 What is a back-up plan and why do I need one? 47 What is myplan, and do I need a business plan before I contact you? 48 What is validation and why is it necessary? 49 What is your personal survival budget? 50 What mentoring and support do I get after my loan? 51 What's the interest rate, and can it change? 52 When and how will I receive the money? 53 Will applying affect my credit score?

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