Start Up Loans for New Enterprise Allowance Clients - London - Home Counties - Central England - Scotland - Wales
Please Note: Greater London Enterprise (GLE) has officially changed its trading name to Newable Ltd from the 10th October 2016 following a new marketing strategy. Please continue to use this website www.newableenterpriseloans.co.uk to make your NEA Start Up Loan application.

Loans for New Enterprise Allowance clients

New Enterprise Allowance (NEA) clients can apply here for a Start Up Loan.

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.

Before applying for a loan, please check:

Are you eligible to receive a loan?

Do you know what information you will need to give to complete your application?

Not an NEA client?

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 .



Provided by Newable  The Department for Work and Pensions | Adran Gwaith a Phensiynau Job Centre Plus Business Finance SolutionsStart Up Loans

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Newable Business Loans Ltd t/a Newable is authorised and regulated by the Financial Conduct Authority (FRN: 700160).
Registered office: 10-12 Queen Elizabeth Street, London, England, SE1 2JN | Registered in England No 08796862 | VAT No 237919823 |
Newable Business Loans Ltd t/a Newable assess client applications and then refer these for the disbursement and collection of the NEA Loans Scheme to The Enterprise Fund Ltd t/a Business Finance Solutions (BFS) (FCA Interim Permission Number: 523077).