Start up Loans

For Start-ups, SME's and Social Enterprises

Start up loans

If you have a great business idea and you’re looking for a start up loan (or you have a business under two years old) then we would encourage you to visit the Start Up Loans Company website for more information – https://www.startuploans.co.uk

Unfortunately Impetus is no longer able to directly provide loans under the scheme.

Supporting all sectors

The programme allows for loans of between £500 to £25k and our  recipients included a wedding shop, a coffee shop, a skatepark and a fitness training business – so the scheme can support pretty much any kind of organisation within the West Midlands.

And to ensure you keep on track, business finance mentoring is available.

 
Small Business Owner
Small Business Owner

Flexible financing

Start up loans are available at a fixed 6% interest p.a. and repayment terms are 12 months to five years.

If you meet the following criteria you can apply for a small business start up loan:

Z

You’re a small to medium size commercial enterprise or a social enterprise

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You’d like to borrow between £500 and £25k

Z

You run an existing (or you have an idea for a start up) business

Herefordshire, Worcestershire, Shropshire and Telford & Wrekin

Z

You’ve discovered that traditional lending support is unavailable or limited

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You have a clear business plan

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You’re 18 or over.

Impetus Business Loans Testimonial

The whole process was quick and easy and I would recommend anyone seeking a loan to give Impetus a call.

– Alan Sharrock – Business Owner | Miruji Health Spa

Ready to take your business to the next level?

Impetus can help, not only with a managed start up or business loan but also with bespoke business finance mentoring.

Impetus Business Loans Your local Responsible Finance provider





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