Are private lenders or the government more likely to provide an entrepreneur with a low interest loan?

Taking into consideration that ultimately the answer relies upon the specifics of your small business financial needs, typically an entrepreneur is more likely to find low interest loans offered by the United Kingdom government rather than a private lender, such as a bank. This is because a private lender relies upon the interest rate to make money from you whereas government loans are more interested in seeing your small business succeed, and thus offer the funds at a low interest rate. Call our freephone number, 020 3880 8554, to speak with an experienced representative and discuss your options, or use our sites contact form and a representative will get in touch with you at your convenience.

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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