Start-up Loan
Start-up loans are designed for new businesses and founders who don’t yet have years of trading accounts. They can fund equipment, stock, marketing, premises or early running costs while you get established.
Quick estimate
Total at 8.9% APR. Illustration only.
From application to funded.
- 01
Shape your plan
Lenders want to see a credible business plan and cash-flow forecast. We’ll tell you what’s expected and can help you prepare.
- 02
Apply with support
We’ll guide you through the application — including government-backed schemes, which often come with free mentoring.
- 03
Assessment
Because there’s little trading history, decisions lean on your plan, your personal credit history and affordability.
- 04
Launch & repay
Funds are paid once approved; fixed monthly repayments are tracked in your CP0 account.
An honest fit check.
Ideal for
- New businesses and first-time founders
- Sole traders and newly formed Ltd companies
- Funding equipment, stock, marketing or a first premises
- Founders who’d value mentoring alongside funding
Consider an alternative if
- If you’ve traded for 2+ years, a standard term loan may offer more choice
- If you mainly take card payments, an MCA may suit once you’ve built card history
What it costs — explained.
No hidden extras. Every cost is shown in your offer before you sign anything.
- Interest
- Shown as an APR in your offer. Government-backed schemes typically have a fixed rate set by the scheme.
- Application support (optional)
- If you’d like us to prepare a government Start Up Loan application with you, our fee is £450 per application. Finding you a deal is otherwise free.
- Personal liability
- Start-up loans are often personal loans for business use, so you’re personally responsible for repaying them. We’ll make sure you understand this before applying.
What lenders look at.
- Your business plan and cash-flow forecast
- Your personal credit history
- Relevant experience and how you’ll use the funds
- Personal affordability of the repayments
Documents you’ll upload.
All documents are uploaded securely in your CP0 account and only viewed by our underwriters.
Can I get a start-up loan with no trading history?
Yes — that’s what they’re designed for. Lenders focus on your business plan, forecasts and personal credit history instead.
Do you charge a fee?
Only if you want us to help complete a government Start Up Loan application, which is £450 per application. Finding you a deal is free.
Do I need a business plan?
Almost always. We’ll explain what lenders look for and point you in the right direction.