Whether you’re self-employed or setting up a limited company, loans and mentoring are available for people looking to start or grow a business in England, Scotland, Wales and Northern Ireland. You can find out more on the Start-up loans website:
What is a start up loan?
Start-up loans can affect your tax situation, checkout the information on GOV.UK
Business Income Manual
The most suitable finance option for your business depends on many things, including:
• how much funding you need
• your current business revenue or if you’re a new business
• whether or not you’re willing to offer personal assets as security – this can make it easier to get funding but is risky if you’re not able to maintain payments
• whether or not you own a business property – this can make it easier to get funding
• whether or not you’re willing to sell shares
The business finance and support finder has a list of public funding (e.g. government schemes) available in the UK
Finance and support for your business
If you’re looking for funding, you can look for either:
• private finance providers (e.g. banks)
• public funding (e.g. government schemes)