A Small Company Business Loan
What is involved when applying for a government loan for a small company?
When applying for a small business loan, your company will likely need to present both a solid credit history and a good account of your financial status. You must show both a track record of repayment and the ability to repay a loan, depending upon the small business loan programme you plan on applying for. You should be prepared to present security for the loan, to reassure the lender that they will have something to compensate them within the event that you are unable to pay the loan back. Finally, you will also need to submit your small business plan for approval, to convince the lender of your ability to manage the money. These important items should aid your acquiring a small business loan for your company. For further questions, call 020 3880 8554. Alternatively, fill out the request form on the website.
There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.
Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.
Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!
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