Start Up Loans
Money from the Outset
Our sister company, Outset Finance, is a national delivery partner of the government’s Start Up Loan scheme and is able to offer low interest loans for anyone who is just starting a new business or has been trading for less than 24 months.
You can borrow up to £25,000 and the loans have a competitive fixed interest rate of 6.2% APR. Once you’ve got your loan, you’ll also be matched with a suitable mentor who will help you navigate any challenges or barriers as you go about setting up your business.
To find our more about the application process, visit the Outset Finance website or contact Outset Finance directly on 0800 3898 188.
Don’t forget! As a resident of Torbay you’re eligible for free access to our online learning programme, Outset Online. Along with other great resources and tools, Outset Online also helps you build a business plan, which you can use as part of your loan application.