Sheffield City Region Start Up Loans for Young People

We are proud to announce our involvement in Start Up Loans for Young People. If you are 18-30 years old and are in the process of establishing a business or have a business in its initial phase and you are interested in a loan, please contact us on 0800 043 5522 or email us at startuploans@sheffield.gov.uk 

Loans are available up to £5,000, however the final amount will be determined by the business plan. 6% interest rate and subsequent repayment term of approximately 3 years is in place.

All loans come with a package of mentoring support. As well as the loan and mentoring support applicants will be eligible to enrol in resources from a number of global partners including a virtual office package from Regus; two years free access to Intuit's online cloud accounting software; and 3 months free use of eBay and PayPal transaction fees.