From 6 April 2026 the government-backed Start Up Loans programme (delivered via the British Business Bank) extended eligibility to businesses trading for up to 5 years (60 months), up from the previous 3-year (36-month) cutoff, while raising the fixed interest rate from 6% to 7.5%. Loans run up to £25,000 per person, and the Bank is targeting at least 85,000 loans over the next five years.
Home › Founders News › Gov & Employment
UK Start Up Loans now cover businesses trading up to 5 years; rate rises to 7.5%
Why this matters for founders
A UK founder up to five years into trading who was previously past the old 3-year limit can now apply for an unsecured personal Start Up Loan of up to £25,000 at 7.5% fixed, plus free business mentoring.
Source: Let's Do Business Finance (Start Up Loans delivery partner)
Related updates
More that helps you.
DPIIT signs 5 MoUs to give recognised startups payments, cloud and mentorship
On August 8, 2026, DPIIT signed strategic MoUs with five partners: Cashfree Payments, Vultr India, Cars24, Darwin Dynamics and the Council for Startup India. DPIIT-recognised start…
Delaware opens Fall 2026 EDGE Grant: $1.15M for early-stage firms, apply by Sept 11
Delaware's Division of Small Business opens its Fall 2026 EDGE Grant competition on Aug 11, 2026, with $1.15 million available split between an Entrepreneur track ($400,000) and a…
Delhi Cabinet clears Rs 400 crore Start-up and Incubation Policy
On July 16, 2026, the Delhi Cabinet approved a Start-up and Incubation Policy committing over Rs 400 crore (~$46.5M) over five years. Phase one covers 11 state universities, 13 gov…
Canada adds $173.7M to Women Entrepreneurship Strategy, incl. microloans up to $50K
On June 22, 2026, ISED Minister Rechie Valdez announced $173.7 million over five years for the Women Entrepreneurship Strategy, split across the Women Entrepreneurship Loan Fund ($…
Get briefs like this tuned to you.
In the app, Founder Briefs are personalized to your country, industry and stage, and you can save the ones that matter.
See plans →
Keep exploring
Related across the site
Case studyJack MaAlibabaTermGross MarginThe percentage of revenue left after the direct costs of delivering your product or service, a core measure of business quality.TermMRR / ARR (Recurring Revenue)Monthly and annual recurring revenue: the predictable subscription income a business earns each month or year.Case studyBarbara CorcoranThe Corcoran GroupCase studyFalguni NayarNykaaChecklistFind real grants and free business helpGovernments offer loans, grants, and free advisors that most founders never claim. This checklist shows where the real support is and how to apply without wasting weeks.