Start Up Loans

What’s the difference between a Start Up Loan and a business loan?

A traditional business loan is made to the business itself, rather than the owner, and is typically secured (something of value is used as collateral to secure the loan). Business loans are also not generally restricted to businesses of a specific age.

Start Up Loans are only open to owners of businesses that have been trading for less than 36 months. It is an unsecured, personal loan to the owner of the business.

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