Getting Start Up Funding for your business can be difficult especially in the current pandemic. The banks are not eager to lend so what can you do to prepare your application? If you are in the UK and have a business start up from home this will be ideal for you.

I chat with Gillian Pickard of Finance For Enterprise on how best to approach potential lenders. Finance for Enterprise is a UK Government backed scheme and they often lend to people that the banks will not.

00:00 Intro
01:07 What do you look for in a proposition?
03:15 What are the most common errors you find in an application?
05:50 What is the minimum amount you will lend?
07:17 Are your loans at a set percent or variable?
08:28 Can you have a capital repayment holiday?
10:12 Is it a Government backed scheme?
11:12 What term are the loans over?
11:50 Are the loans secured or unsecured?
13:24 What advice would you give to someone looking take a start up loan?
16:15 How long does the process take?
19:30 Do you have any general advice?

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