If you are an NEA client and looking to apply for a personal loan between £500 and £2,500 this is the website for you to apply for a loan to start your business. The minimum amount you may borrow is £500. Loans are in increments of £500.
if you are an NEA client and looking to apply for a personal loan over £2,500 you will need to apply on the www.newablestartup.co.uk website. Please note that the application process, including due diligence, is more rigorous for loans of £3,000 or more and has a higher decline rate. Loans for £3,000 or more will require additional documentation and a more rigorous lending process including an in person interview or video conference call with the loan panel. This can increase the time taken to complete the loan application.
If you do not receive benefits, you can apply to us directly for a Start Up Loan.
Apply now to enter the Start Up Loan Scheme directly with Newable at www.newablestartup.co.uk .
Find out what can be funded and other key features of the loan.