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Start Up Loans for New Enterprise Allowance Clients - London - Home Counties - Central England - Scotland - Wales

Loans for New Enterprise Allowance clients

New Enterprise Allowance (NEA) clients can apply here for a Start Up Loan.

The minimum amount you may borrow is £500. Loans are in increments of £500. The size of the loan depends on the start up needs of the business which should be shown in the business plan.

Loans for £3,000 or more will require additional documentation and a more rigorous lending process including an in person interview or video conference call with the loan panel. This can increase the time taken to complete the loan application. Please note that the application process, including due diligence, is more rigorous for loans of £3,000 or more and has a higher decline rate.

Before applying for a loan, please check:

Are you eligible to receive a loan?

Do you know what information you will need to give to complete your application?

 



Not an NEA client?

If you do not receive benefits, you can apply to us directly for a Start Up Loan.

Apply now to enter the Start Up Loan Scheme directly with GLE oneLondon at www.glestartup.co.uk .

 

Provided by GLE oneLondon  The Department for Work and Pensions | Adran Gwaith a Phensiynau Job Centre Plus Business & Enterprise GroupStart Up Loans

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