A start up loan can help you get off the ground or support your early years.
What sets us apart
of new customers recommend us*
- Dedicated, local account managers
- 99% of new customers recommend us*
- A strong network of co-investors and advisers
- Ongoing relationship management and support
- Business-to-business and business-to-customer supported
How we can help
There’s lots to consider if you’re starting out on your own for the first time.
- Renting or purchasing new premises
- Buying equipment
- Hiring staff
- Marketing
- Stock purchasing
Whatever sector you’re going into, we can help you cover the setup costs with a start up loan.
Getting through your early years might mean you need some extra finance for a range of needs:
- Renting or buying new premises
- Cash flow
- Training staff
- Marketing
- Additional stock
- Developing products and services
Whether it’s to strengthen or help you grow we can provide start up loans and equity.
There’s lots to consider if you’re starting out on your own for the first time.
- Renting or purchasing new premises
- Buying equipment
- Hiring staff
- Marketing
- Stock purchasing
Whatever sector you’re going into, we can help you cover the setup costs with a start up loan.
Getting through your early years might mean you need some extra finance for a range of needs:
- Renting or buying new premises
- Cash flow
- Training staff
- Marketing
- Additional stock
- Developing products and services
Whether it’s to strengthen or help you grow we can provide start up loans and equity.
Looking for a start up loan of up to £50,000?
We’ll need to see:
- Business plan summary
- Historic accounts (up to two years if available)
- Two years cashflow forecast for loans over £25,000 (One year for loans up to £25,000)
- Up-to-date management information
- Previous six months bank statements (personal if start-up)
- Statement of assets and liability
If you're looking for finance to launch your business then a personal cash contribution is usually required.
What if I don't have all of these right now?
Not to worry. You can either start your application and save your progress for later or submit and send us the supporting documents when you are ready.
Town Centre Entrepreneurship Fund
New business start ups and micro businesses trading no longer than two years who are locating in the Town Centres of Rhyl, Bangor, Wrexham or Colwyn Bay.
If you’re a business start-up based in the town centres of Rhyl, Bangor, Wrexham or Colwyn Bay you can apply for loans between £1,000 and £50,000 which can be used as match funding to access Welsh Government grant funding of up to £10,000.
Need help with your business plan?
Visit Business Wales for help on how to write a professional business plan.
Looking for an injection of finance over £50,000?
We’ll need to see:
- Business plan summary
- Historic accounts (up to two years if available)
- Monthly Integrated Forecast (two years inc. profit and loss, cash flow and balance Sheet)
- Up-to-date management information
- Previous six months bank statements (personal if start-up)
- Statement of assets and liability
What if I don't have all of these right now?
Not to worry. You can either start your application and save your progress for later or submit and send us the supporting documents when you are ready.
Need help with your business plan?
Visit Business Wales for help on how to write a professional business plan.
If you're looking for finance to launch your business then a personal cash contribution will be required.
*Based on a customer feedback survey sample of 115 businesses between April 2018 and March 2019.