Start Up Loans
Moore Finance have joined the Start Up affiliate programme through the National Association of Commercial Finance Brokers (NACFB).
As an affiliate, Moore Finance are now able to offer start up loans for business purposes through the Start Up Loans Company, a UK Government backed scheme offering finance, support and mentoring to start up businesses and businesses in early stage growth.
The start up loan is a personal loan for business purposes and offers:
- Up to £25,000
- 6% fixed interest rate p.a.
- 1-5 year loan term
- No early repayment fees
Along with the loan, applicants can have access to support for building their business plan and cash flow statement through one of the many delivery partners. Should an applicant be successful, they can have access to up to 12 hours of mentoring.
- Must be over 18 years
- Must be a UK resident
- Must be starting a business or have started a business based in the UK
- Trading less than 2 years