Start-up Business Loans

One of the most difficult aspects of starting your own business is getting the money or capital to do so. It may be you need specific tools, a van, some additional training or need to travel to bid on some jobs. There are always costs associated with starting-up a business.

Even having business cards and flyers to promote your business can cost hundreds of pounds

One of the reasons that makes it difficult in getting the funding required to start-up a new business, is that the company has no track-record. It is a "new business" with no proven sales history.

The new company may need an instant loan quickly to begin trading. And they need an instalment loan, one they can make affordable payments to repay.

Many start-up companies may not have any sales or profits to show how much the company will earn, and show as a profit.

Having a solid business model can help here, doing your homework and research, and being able to show lenders when and how you will be profitable.

However, many banks and traditional lenders require a strong credit history or high credit score in granting loans to start-up companies.

Banks and traditional lenders can also require a lot of paperwork to be completed, causing you to jump through hoops and paper chases, and also delaying your loan. It may take days or weeks to get a loan approved.

Guarantor loans can help avoid all these pitfalls a new start-up business may face when seeking funding to begin.

Start Up

Using guarantor loans as a start-up funding method is a good way to acquire the funding one needs without all the paperwork and headache of traditional loans, and without the problems associated with having no credit history, or a bad credit history.

A Buddy Start-Up Loan can help in starting-up a company as the loan is based on your good buddy, who is the guarantor for the loan.

As long as your guarantor feels you will repay the loan, so does Buddy Loans.

Our online application makes getting approved for your loan fast and easy, so your company can have the money it needs to begin and grow as soon as possible.

And bad credit is not an issue.

A Buddy Business Loan is approved on
affordability, and having a guarantor.

  • Start-up companies OK
  • Easy online application process
  • Approvals usually within 24 hours
  • Affordable monthly instalment payments
  • No headache or hassle with paperwork

Buddy Loans is a direct lender rated 5/5 stars by based on 1128 merchant reviews



from 0 to 10

Representative Example


36 months

£158.57 p/m

Total Repayable

Interest Rate
41.16% (fixed)

Representative 49.9% APR.

Terms and Conditions apply. Suitable Guarantor required. All loans are subject to status and affordability checks prior to approval. All applicants must be 18 or over.

Minimum period for repayment: 12 months | Maximum period for repayment: 60 months | Minimum APR 49.8% | Maximum APR 49.9%
Representative example: Amount of credit £3,250 for 36 months. Interest (fixed at 41.16%): £2,464.57. Total amount payable of £5,714.67. Representative 49.9% APR (Variable). 36 repayments of: £158.57.