Enterprise Northern Ireland Start Up Loans

Enterprise Northern Ireland Start Up Loans offers loans up to £100,000 per business

The Enterprise Northern Ireland Start Up Loans programme, funded by the UK government, provides new businesses with fixed-interest loans and mentoring support. It's a personal loan that can be used for business purposes, with a fixed rate of 6% per annum. Each business owner or partner can apply for a loan of up to £25,000 individually, with a maximum amount of £100,000 available per business. 

The key features of the Start Up Loans include: 

• up to £25,000 individually
• up to £100,000 available per business
• fixed interest rate of 6% per annum
• one to five year loan repayment term
• free application support
• free post-loan support and mentoring
• free templates and guides
• no application fees

Eligibility Criteria

To be eligible for Start Up Loans, you should meet the following criteria:

• be a UK resident
• be 18 years of age or older
• be starting a new business or have been trading for up to 36 months
• have the right to work in the UK with your business based in the UK
• be unable to secure finance from other sources 

Find out more and register for Start Up Loans

First published 24 April 2024