Very slow in processing the application, took 2 months to get the second stage of the process and still haven't finalised the process. They are making it difficult for beginner start ups to get the loan, which does not meet the needs of the start up companies. Also requested same documents 3 times and asking to much personal information on the what the loan is going to be spent on, at the same time the loan can't be used for multiple things related to growing a business. Not happy with how they run the process.
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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.
