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Unless you have a decent amount of savings that you are happy to invest in your business,many first-time entrepreneurs will need a helping hand to get started with a loan. This page covers all things business loans!

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Frequently Asked Questions about Loans


We've put together some questions and answers below to help explain a bit about business loans, your options, and what key things to consider when thinking about a loan.

Click on the question arrows below to show the answer(s) you're most interested in:

What is a business loan?

What are the different types of business loans?

What do I need to get a loan?

How much money should I ask for?

How long does it take to get a business loan?

What business loan options and lenders are there?

I want to learn more about "STARTUP LOANS" from the British Business Bank

How do I choose which loan to go for?

Can TERN support me in getting a loan?