What is a start up loan scheme?

A start up loan scheme is a UK government-backed loan program that helps startup businesses to get going. The start-up loan scheme is one of several government finance schemes designed to help new companies and make life easier for entrepreneurs. The UK government launched the scheme in 2012 with £151 million in initial funding. The government wanted to help 30,000 businesses by 2016. The program was so successful that it… ReadWhat is a start up loan scheme?