Business Loans

There are a wide range of loans available to help with start-up costs, growth and development. Here is information on current loan providers.

Funding circle

The Scheme – In early 2014, the Government-backed British Business Bank Investment Programme decided to invest a further £40 million alongside other investors, to support economic growth by providing more efficient finance to small businesses.

Amount – Borrow £5,000 – £1m for almost any purpose

The Enterprise Finance Guarantee scheme

The Scheme – Now being run by British Business Bank, the Enterprise Finance Guarantee (EFG) is a guarantee scheme to facilitate lending to viable businesses that have been turned down for a loan or other form of debt finance due to inadequate security or a proven track record. There are over 40 participating lenders ranging from the main high street banks to smaller specialist institutions. Further details can be found on the website.

Amount – Loans range in size from £1,000 to £1.2m

Princes Trust Youth Business Scotland

The Scheme – Support for starting a business and working with 18 to 30 year olds, the Princes Trust can help to turn big ideas into a business reality through our Enterprise programme. Small start-up business grants in special circumstances.

Amount – Low-interest loans of up to £7,500

CEIS Business Finance

The scheme – CEIS offer a range of business finance solutions to small businesses and social enterprises that can’t access funding from banks and other traditional sources through DSL Business Finance, a subsidiary of CEIS, which was established in 1993. Find out more about Start-up loans of up to £25,000 or loans of up to £50,000 for existing businesses.

Amount – Loans up to £50,000.