Funding &
Start Up Loans

If you’re looking for finance to start your business, a start-up loan of between £500-£25,000 may be just what you need!

We work with Virgin Start Up a Delivery Partner of the Start Up Loans programme

A Start Up Loan is a personal loan for entrepreneurs looking to start or scale their business:

  • Borrow up to £25,000 per co-founder;
  • Borrow over 1-5 years at a fixed interest rate of 6% pa;
  • No set up fees or early repayment penalties;
  • No minimum trading requirement;

Pre-loan you will be matched up with your own Business Advisor and once you have your loan you will be eligible for 12 months of post funding support, which includes access to expert guidance to help you start and scale your business, a dedicated business advice helpline, regular opportunities to meet with specialist mentors and the opportunity to match with your own mentor after 6 months.

We have helped a number of budding entrepreneurs’ start-up their dream businesses with funding from Virgin StartUp, including the very successful Fudge Animation: Local Camberley firm, Fudge Animation Studios, has seen its business boom after successfully applying for a £25,000 loan.

Fudge create and produce entertaining animated stories and content for audiences of all ages, working with some of the world’s largest brands and organisations, such as Hewlett Packard, Samsung and The NHS.When successfully granted the loan, the team at Fudge were able to add state of the art animation equipment and software along with investing in digital marketing to help raise their profile.

Their biggest achievement as part of this investment came in the form of the opportunity earlier this year to work with THE animation company, working with Disney on a music video for the first female artist to be released outside the US under their Hollywood Records label.

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Business South

Solent Business Centre
343 Millbrook Road West
Southampton
SO15 0HW

Telephone / email

Tel: 02380 518223

Email: info@businesssouth.org

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