Let’s Do Business Finance becomes regional business support partner for Start Up Loans in South East of England
Let’s Do Business Finance are delighted to announce they have been selected to be a Business Support Partner for British Business Bank, providing Start-Up-Loans for new and blooming businesses across the South East of England.
Let’s Do Business Finance have been delivering Start Up Loans as a partner of the British Business Bank for 11 years, helping 1000’s of new businesses to get started or progress, by providing loans of up to £25,000 to use for capital expenditure such as equipment, stock or marketing.
Approving a fantastic £4.7million in Start Up Loans in 2022, Let’s Do Business Finance are thrilled to be able to not only continue to support these businesses going forward but also expanding it’s existing area to now service clients in Sussex, Kent, Surrey, Hampshire, Isle of Wight, Berkshire, Oxfordshire, and Buckinghamshire.
A Start Up Loan is ideal for businesses who are just starting, or have been trading for up to three years. The loans of up to £25,000, can be borrowed over a maximum of 5 years, and are lent at a fixed interest rate with no application, set up, or early redemption fees. Start-Up Loan recipients can also benefit from 12 months of free business mentoring.
The Start-Up Loans programme which was created in 2012 by the British Business Bank, has just reached a significant milestone facilitating more than 100,000 loans worth more than £941 million to businesses throughout the UK. It has played a vital part in helping new businesses to get off the ground, not from just a financial perspective, but also through it’s mentoring programme.
Let’s Do Business Finance has been thrilled to be a part of this journey, supporting businesses such as FittaMamma, Half Man Half Burger, Jeavons Toffee, Ekkist, To The Rise Bakery, and RD1 Clothing with accessing vital finance to help their businesses thrive.