Sources of Funding

If you are looking for business loan finance to start or expand your enterprise there are various sources of finance available.

Mainstream bank lenders rectangle

Barclays:        0345 6052345

HBOS:               0345 6060286

HSBC:                              0800 0321770

Lloyds:                             0800 0560056

NatWest:                      0345 4135020

RBS:                                  0800 0961958

Santander:           0800 0687010

TSB:                                    0345 8353865

Other lenders include:

Al Rayan Bank (Sharia compliant):              0808 2565788

Allied Irish:                                 0870 2430331

Bank of Cyprus:                              0345 8505555

Bank of Ireland:                           0345 8501234

Charity Bank:                                      01732 441900

Clydesdale:                             0800 0323971

Co-op:                                      0800 764764

Triodos:                                                  0800 3282181

Yorkshire Bank:                        0800 0323971

Lenders who may help when a bank cannot:

If one of the previous lenders refuses your application and you get evidence of that in writing, you can then apply to:

 - The Fredericks Foundation runs a microloan fund for people who are starting or expanding businesses; see

- Start-up Loan (a UK Government-funded scheme); see

- Outset Finance works with entrepreneurs and helps them get ‘investment ready’ and is now an approved delivery partner for the Start-up Loan scheme; see

- South West Investment Group is one of a UK-wide network of not-for-profit Community Development Finance Institutions (CDFIs), often funded via central/local government, offering affordable loan finance for business. Only one funding application from a major bank need be declined before most (but not all) of its loans become available; see

Funding for young people:

If you are under 31 and not in full time work and/or in possession of postgraduate qualifications, the Princes Trust may be able to assist with a test marketing grant or loan, provided you have first attended their enterprise course. See or phone 0800 842842

Funding for ex-military personnel:

If you are ex-military, you may be eligible for help through the British Legion. See or phone 0800 1694073.

Crowd Finance/Crowd Funding

Crowd finance or crowd funding describes a cooperative approach by people who network and pool their money and other resources together, usually via the internet, to support ideas proposed by other people or groups/organisations. Sometimes referred to as ‘crowdsource funding’ or ‘equity crowdfunding’ there are a growing number of on-line platforms that might be worth investigating:







Business Angels

A Business Angel investor uses their personal disposable finance and business or professional experience to invest in the growth of a small business, generally in start-up or early stage. Angel investors can make investments on their own or as part of a group or syndicate. See The UK Business Angels Association at

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