Applying for a Start Up Loan

The application process

In four simple steps, you can apply for a Start Up Loan and be starting your own business in the South East and East of England. Our friendly and helpful team will be with you to guide you through your application.

  • Applying for a Start Up Loan - Step 1

    Step 1:

    Create your account on the Start Up Loan portal and start your application. This will include a personal credit check. Please finalise your business documents and upload these along with any other requested documents.

    You will be assigned to Let’s Do Business Finance as your Finance Provider. We will work with you to ensure that we have the required documents.

  • Applying for a Start Up Loan - Step 2

    Step 2:

    You will be assigned to a Business Advisor who will support you if required and undertake a formal assessment before reaching an outcome.

  • Applying for a Start Up Loan - Step 3

    Step 3:

    If approved, your loan documents will be issued by the Finance Provider for you to complete and return.

  • Applying for a Start Up Loan - Step 4

    Step 4:

    Once your loan has been drawn, you will be invited to take up 12 months free business mentoring.

Ready to apply for a Start Up Loan?

General terms of a Start Up Loan

  • An applicant has loan repayment obligations

  • Failure to meet your loan repayments can impact your credit score

  • Your Start Up Loans Finance Provider may take formal action to address any missed or late payments

  • A Personal credit check will be required

  • A Start Up Loan is not guaranteed lending and will be assessed in accordance with responsible lending principles. To ensure we lend responsibly, an assessment is completed on your personal affordability and the viability of your business.

  • To assess your affordability, we will assess your monthly income and expenditure.

  • Your application will be valid for 3 months from the time you applied, after which point the application will expire.

  • You will not be charged for any services relating to the provision of a Start Up Loan.

Unsure what business finance you need?

Why not drop us a line? We’re a friendly bunch, and our team of finance experts can take you through your options - and if our products don’t suit you, we can also offer credit brokerage to help you find the right finance option for you.