Development Bank of Wales Start-up Loans
Development Bank of Wales
Micro loans up to £100,000 (finance above that also offered)
Start-up loans from the Development Bank of Wales to help cover set-up costs or support a business's early years. Loans of £1,000 to £50,000 for up to 10 years are available for social enterprises, and 18-30 year olds in Wales can access finance for young entrepreneurs.
- Eligibility
- Businesses based in Wales; a personal cash contribution is usually required for launch finance. Young entrepreneur finance is for 18-30 year olds with a business in Wales.
- Available in
United Kingdom · Wales only- Benefits
- Micro loans up to £100,000 and larger finance above £100,000; only a business plan summary is needed to apply; funds can be transferred within one working day once documents are in place.
- Details
- Tiers, how to apply, what to watch out for and sources are free with an account.
