Start Up Loans
Start Up Loans are personal loans designed to help new businesses begin trading.
If you have a great business idea, or have been trading for less than 36 months, and are looking for finance and support to help develop your business Start Up Loans could help.
Join thousands of entrepreneurs who have already benefited from our Start Up Loans. Applications must be aged 18 or over at the time of the application.
With a HK Finance Valley International Start Up Loan, you can apply for a loan from $100,000 up to $5,000,000. With rates from 4.99% to 5.99% APR and a repayment term of up to 5 years period.
Features
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A Start Up Loan is a personal loan for business purposes.
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The loan is unsecured, so there’s no need to put forward any assets or guarantors to support an application.
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All owners or partners in a business can individually apply for from £500 up to £25,000 each, with a maximum of £100,000 available per business.
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1-5 year loan repayment term.
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Fixed interest rate of 6% p.a.
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There is no penalty for repaying the loan early or making lump sum reductions.
Who Can Apply For A Start Up Loan?
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You are at least 18 years old
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You’re starting a new business or have been trading for up to 36 months
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You’re unable to secure finance from other sources (self-declaration is ok)
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Your business type and loan purpose is eligible under terms of the scheme
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