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Business Loans? Where to go?

3 replies

AdiVic · 14/03/2013 07:37

Hello

I am thinking of starting a business, as we need the money, and the jobs I could apply for do not pay enough to cover nursery fees. I used to have a good job in sales, but the amount of travel, plus long hours means it would be difficult to go back into with a 3yo, and 8mo.

We are struggling financially and I need to do something. I have a good idea, have done research etc and it is a viable idea. The outlay would be approx 15k.

I went into Barclays the other day as they used to do a really good business plan booklet, and back in the day, you used to be able to go into the branch and meet with and discuss your idea with a business loan account manager, but apparently no more! You can apply for loan over the phone.

As I am not working, I am concerned I would not be an ideal candidate for a loan.

Any ideas where to go? Any experiences, positive or negative?

Any help would be really appreciated

Kind regards

Adrienne

OP posts:
Episode · 14/03/2013 20:26

I'd google start up government loan schemes or entrepreneural loans!

This company seem to be pretty easy www.rockstaryouth.co.uk but they are for the under 30's! There seem to be a few like this out there at the moment though.

MrsIgglePiggle · 22/03/2013 20:12

Hi, try the Fredericks Foundation. Though I think they only lend around £5,000.

JonesH · 22/04/2013 14:03

I've only just noticed this thread but i can recommend either Capiota or United Kapital for business loans

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