Got a business idea in mind? Let it become a reality with a Start Up Loan
Five Lamps is the local delivery partner for Start Up Loans, a government backed national initiative aimed at motivated individuals who are yet to launch their own business or those who have been trading for up to 12 months, although in certain circumstances this may be extended to 24 months.
What is a Start Up Loan?
A Start Up Loan is a personal loan for business purposes. Five Lamps is a delivery partner of The Start Up Loans Company, who can only lend to applicants who are 18 years or older at the time of their application. Individuals can only receive one loan, however more than one partner in a business can be eligible to apply for a Start Up Loan. There are no fees for obtaining a Start Up Loan or any of the services associated with it. Start Up Loans are not grants and are loans where full repayment is required. All Start Up Loan applications are credit checked.
APPLY NOW by downloading and completing the application form
If you need further information please call on 01642 673 828.
As a Start Up Loans Delivery Partner, we understand the importance of support when starting or growing a business. Whether you are yet to apply for a Start Up Loan, or have already received the finance and are up and running, there are a number of support options available to help you along the way:
- Business Planning & Cash Flow Forecasting
A business plan and cash flow forecast are essential for any business, and for Start Up Loan applications. A business plan describes your business goals and helps to focus ideas. A cash flow forecast predicts financial performance and helps you manage costs. We have created guidance on what to include as well as free business plan and cash flow forecast templates
If you receive a Start Up Loan, you are entitled to free mentoring and business support. The mentors we work with are experienced business professionals who are there to provide you with support and guidance throughout your business journey.
- Business Offers
Once you receive your Start Up Loan, you will be eligible to redeem a variety of exciting business offers to help reduce the cost of running a business. From discounted web design and business cards, to free legal advice, you can use as many as you like, when you need them.
Five Lamps is a delivery partner for Start Up Loans. There are other Delivery Partners who offer Start Up Loans and support services. For more information click here