Waste of time! Credit check gets done before anything, then the un-realistic questions start and hidden criteria. I am a business owner and this would have stopped me from even considering starting in business if I had started here. All of the reviews referring to people not wanting to put the effort in at the start is simply un-true, this application process is set-out in a back to front approach and should be changed. Just a few points to consider - They ask for a borrowing start date that cannot be reached by them, due to the length of time they take to process applications, - The process asks for information that not even fully established businesses will hold, but if you make your 'predictions' correctly you have a chance. Sad to think that this application process alone will stop some good businesses starting!
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The Start Up Loans Company was established in September 2012, with a mission to help new and early-stage UK businesses access affordable finance and mentoring support.