THE STARTUP LOAN SCHEME

Startup Loans is a government initiative setup to promote entrepreneurship by providing funding, mentoring, support and advice to people looking to start a business.  

The Funding

  • Up to £25K per person as an unsecured personal loan at 6% interest over a maximum of 5 years with no early repayment penalty. Thus £5000 borrowed over 5 years is approx. £100pm
  • Business can be trading for up to 24 months
  • Up to 4 business partners in a business can apply for a loan. Thus a business with three partners requiring £15,000K can be split as £5,000 each
  • The applicant does not have to make any payment or pay any fee

The funding process is relatively quick and easy. Applicants are required to fulfil certain eligibility & personal affordability criteria and provide a simple Business Plan and Cash Flow.

Mentoring & Support

  • Each successful loan recipient receives free mentoring for 12 months via one-to-one, group or remote mentoring.
  • Support is provided for the duration of the loan period in the form of: Regular workshops, networking events and mentor drop in sessions.

STARTUP DIRECT

  • SUD a non-for profit organisation is one of the leading delivery partners of the Governments Start-up Loans Scheme. We provide funding, mentoring and support to help start or grow a business.
  • Based in Shoreditch, London and offices in Birmingham, Liverpool and Bristol, we provide funding, mentoring and support to startup businesses.
  • We are passionate about supporting our businesses and have provided funding to over 1300 businesses

For further information on Startup Government backed funding for your Autovaletdirect franchise, please contact us on 0800 0834 683 / 01622 664571 or on our website by clicking here…

 

Autovaletdirect start-ups supported for up to one hundred percent of their total investment 

From 1st October the FranchsingWorks team will be able to support Autovaletdirect candidates through their start-up phase in most parts of the UK. Here's an update on what they can offer a great Autovaletdirect candidate that’s finding it difficult to complete.  

Read more…

Finance your Autovaletdirect Franchise with Startup Direct 

Startup Loans is a government initiative setup to promote entrepreneurship by providing funding, mentoring, support and advice to people looking to start a business.   

Read more…

 

 

 

 

   Autovaletdirect is an Accredited Franchise

If you are interested in becoming part of the Autovaletdirect team, there are plenty of franchise opportunities throughout the UK

Visit our Car Valet Franchise pages to find out more.