Start Up Loans

Launch your dream fashion business with a government-backed Start Up Loan.

A Start Up Loan is an unsecured government-backed personal loan available to UK individuals looking to start or grow a business in the UK, administered by the Start Up Loans Company, a subsidiary of the government-funded British Business Bank. You must be pre-start or trading three years or under and can borrow between £500 to £25,000, with no early repayment fees.

Key features

• Available between £500 to £25,000 per applicant
• Personal loan for businesses pre-start or trading 0 to 36 months
• Average loan size: £11,000
• Fixed 6% p.a interest rate with repayments over one to five years
• No early exit or repayment fees
• Access to free business support for 12 months
• No application or set-up fees
• Specialist application support from Fashion Angel.
• Applications are open to age 18+ UK citizens or those with an eligible visa or settled status