How it works
Step 1: Register
Have you got a passion or a hobby that you can turn into a business? Is there a gap in the market that you can fill? Do you want to be your own boss? If you answered yes, then you could have what it takes to start your own business. The first step is to register with us. You can then access our simple application form and support documents. We’ll guide you through the whole process and our advisors are on hand to support you as you put together your application.
Step 2: Get Planning
Once you have applied, we will work with you to turn your idea into a business plan. Our online support system and Application Advisors will help you build the right plan that makes sense for you and your business.
Step 3: Submit Your Plan
With the idea mapped out, your business plan will be considered for funding. We want your business to have every chance of success, so the main things we will be looking for are confidence, the clarity of your business plan, and that your numbers stack up. With our help, you will be in the strongest possible position for funding.
Step 4: Get Started!
When your plan gets the green light, you’re on your way to building your business. With the money in your account, it’s time to put your plan into action and make things happen. In addition, you’ll then be able to access exclusive offers from our Corporate Partners including virtual office service, free accounting software and reduced fees with eBay and PayPal! You will then be required to start repaying your loan, although you will be offered a 12 month capital repayment holiday.
Step 5: Meet Your Mentor
Every business that receives funding will be assigned a mentor who is on hand to help your business succeed. You will have a lot of questions that need answering and decisions to make, and our mentors will be able to give you support and guidance on what’s best for you and your business.