The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
Start-up loans can prove really useful to new businesses and can provide a much-needed cash injection to get operations up and running. From aiding with initial capital to allowing for growth early on in a business’s lifespan, these loans can be extremely beneficial.
To examine Government start-up loans in further detail, BusinessComparison sent Freedom of Information requests to both the British Business Bank and the councils of the 50 largest UK cities.
They requested information such as the number of start-up companies in each city, the number of start-up loans being awarded, by UK region, and the total amount paid out over the past four financial years.