A government-backed personal loan of up to £25,000 per individual (up to £100,000 per business) for people looking to start or grow a business in the UK. The loan is unsecured, charges a fixed 6% annual interest rate, and is repayable over 1 to 5 years. Successful applicants also receive 12 months of free post-loan mentoring.
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Source: Find Business Support Scotland
Last verified: 26 March 2026
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