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Where can I get a start up business loan which is low interest?
 Moderated by: Saida.M, safetyblitz, Raven, Miss Brighter Days, LadyDay, Kunjufu, Kibibi, Happiness, Dillinger, Breadfruit, Backatya  

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darth norman
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 Posted: Thursday March 16th, 2006 10:42

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can anyone tell me where I can get a business loan like the princes trust loan which is more of an initiative loan, not high interest loans.



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Saida.M
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 Posted: Thursday March 16th, 2006 11:04

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Things like age, the nature of your business, the short and long term aims, who are the people in it, how many people in it, all affects how and who get business loans.

Usually the advice is to have a comprehensive business plan before you approach anyone for a loan.

Why not try a comparison site which may help determine where you can get one:-

http://commercial.moneysupermarket.com/main?__action=dorfq&vid=55



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fattony
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 Posted: Thursday March 16th, 2006 13:57

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...local chamber of commerce or try peer-to-peerlending sites on the internet.



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Bredder Tukoma
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 Posted: Thursday March 16th, 2006 19:13

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peer to peer lending sites. Sounds a bit dodgy to me. Anyone got experience of this.



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STREETS77
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 Posted: Wednesday October 18th, 2006 07:46

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 try this http://www.prosper.com



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Dada
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 Posted: Wednesday October 18th, 2006 16:31

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Darth Norman.

PM me with an outline of the Business. I.e  the level of turnover,No of Staff, Sector etc. I might be able to help. niceone.gif



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Twistedsista
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 Posted: Sunday December 31st, 2006 16:08

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Hey there,

Finding low interest loans wil be difficult. Micro- finance loans are on offer but stil offer high interest rates. Try Community Development Finance Institutions. These are targeted at those from depeived areas and can offer support through peer lending. Also try local enterprise Agencies. I know Hackney Business Ventures (HBV) offer smaller loans.

Also useful is GLEOnelondon,  Access  to finance and the business link  website. Try the LDA website. Alot of initiatives will be starting up in the comming years supporting business from ethnic groups in the run up to the olympics.

The government also offer the Small Firms Loan Guarentee.

I hope this is helpful.

TS



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darth norman
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 Posted: Thursday February 1st, 2007 13:53

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Dada, thanks for your reply, would it be possible if you could email me on augustin.j@gmail.com, and I'll email you back with some information, I seem to be having difficulty with the PM system, thank you



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