• Available to small businesses 0-24 months old
  • Borrow up to 25,000 at 6% PA
  • Pay it back over 1 – 5 years
  • Government backed start up loan fund
  • Assistance with business plan if required
  • Ongoing mentoring and support
  • Quick, easy and hassle free application process

Why Choose Us

We’re a not-for-profit organisation which reinvests money into the local economy. Our interest lies in helping communities and businesses to succeed, rather than in making money for distant shareholders.

Apply for funds with us and we’ll guide you through the application process for your Start Up Loan.  Once it’s been awarded we’ll be on hand to provide you with free, expert business advice if you need it.


Ready to go? Click on the button below and you can apply for your loan online.

Do you have any questions? Call 01686 626234 or enter your details below and we’ll call you back during office hours.

Low Interest Start Up Loans for New Businesses

Our government backed Start Up Loans are aimed at new companies in Wales and the border towns who have a viable business idea or have been successfully trading for less than 24 months , but have no access to finance. We lend against potential success of your small business, rather than your credit score; so if you come to us with an idea we’ll explore it with you and assist with putting together a business plan before making the decision to lend.

We want your idea to succeed which is why we offer free, one-to-one support from a business mentor – someone who has experienced the challenges, taken the risks and reaped the rewards.

  • 1. Get in Touch

    Fill out the form at the top of this page.

  • 2. Submit a Loan Request

    Your application will be reviewed for approval.

  • 3. Application Approved

    The money will be paid into your bank account.

  • 4. Make it a Success!

    Repay the loan over flexible payment terms.

Our Success Stories

  • After we won the contract with O2 we were worried about finance, but the Start Up Loan and ongoing support from you has been invaluable.

    Cenfyn ETO Music Practise
  • I couldn’t have done this without you, this loan has helped me move production from my kitchen table to a dedicated facility!

    Lori Coco Pzazz
  • I think I love you, thank you so much Jackie. We'll definitely stay in touch as I may need some help in the future.

    Hannah Black Barn Flooring

Start Up Loan Calculator

Use the calculator below to see the total and monthly repayable on different amounts over one to five years.

I want to borrow:


For a duration of:

2 years

Monthly Payment £137.39

Total Repayment £3,297.45

Frequently Asked Questions

How much does a new business startup loan cost?

The interest rate is fixed at 6.2% APR. There are no hidden costs and no security is required.

Who can have a loan?

Anyone with a viable business idea or business 0 – 24 months old who is a British citizen or UK resident.  Additional time can be allowed if you have been testing the market prior to actual business trading.

This is a personal loan for business purposes.  It is only available to individuals with a personal bank account.

What can the small business loan pay for?

The loan can pay for virtually anything you need to start and run your new business. This could include purchasing equipment, getting a website developed, marketing and promotional materials or just day to day running costs while the business builds a client base.

What help will I get?

We will help you during the application process to make sure your business plan is robust and your forecasts are realistic and achievable. We will also discuss any training or mentoring needs you might have.

We can help you with:

  • a dedicated mentor to help on specific issues of your business
  • a qualified and experienced Accountant
  • a dedicated support helpline
  • honest and confidential feedback whenever you need.

How much can I borrow?

Loans of £500 to £25,000 are available, but the amount you can borrow will be determined by your business plan

How quickly do I have to repay the loan?

The loan must be paid back within five years and there are no fees for early repayment.

Is there anything you won't fund?

Start Up loans are not available for business ideas that involve gambling, pornography or the arms industry. Otherwise we can fund most business activities, so long as they are legal – just ask us.

New Business Start Up Loan

Borrow up to £25,000

Unsecured loan

Fixed 6.2% APR

Government backed start up loan fund

Up to five years to repay your loan

Free mentoring and support