This is available to individuals or businesses that are looking to start, or have recently started trading. If you are looking for over £25,000 and have some of your own funds to invest, we can provide a loan of up to £100,000.

We are also an Affiliate member of the Start Up Loans Scheme, a UK-wide, government backed scheme, which offers a repayable loan to individuals over the age of 18 who have a viable business idea but no access to finance.

You can apply for a Start Up Loan here. However, please also contact the MSIF Finance Hub, who will be able to advice and support before you submit your application. The Finance Hub is a free service, available to all start up loan applicants.

The scheme funds businesses in every sector. As well as financial backing all loan recipients are given access to a mentor, free training events and exclusive business offers.

MSIF is part of a network of Start Up Loans affiliate members. The MSIF Finance Hub are here to guide you through the application process, including advice and support with creating a business plan and cashflow forecast.

Loans start from £500 and can be used to set up a business across all sectors. In addition to finance, all successful applicants can access free mentoring and support services to help grow a successful business.

Applicants can be in employment, unemployed or in full time education and can be setting up a new business or already running a business that has been trading less than 24 months.

If a business is being set up or run by more than one eligible individual, each party can apply for a separate loan.

Interest rates are fixed at 6% for the duration of the loan and a capital repayment holiday can be agreed. Other benefits include no early repayment penalty, no fees payable and no collateral security.

Successful or not, you will not be charged a fee for making a Start Up Loan application. If you have been charged a fee, please write to This email address is being protected from spambots. You need JavaScript enabled to view it. with details.

*The Start Up Loans Company does not provide grant-based funding. Meeting Monthly repayments form a primary condition of the loan agreement applicants accept and sign.

*Like other credit commitments, failed Start Up Loan repayments may affect an applicant's credit record and formal action may commence against the applicant for missed loan payments.

Find Out More:

To find out more and apply, please click here.

How To Apply:

If you are looking for a start up loan please contact the MSIF Finance Hub on 0151 236 4040.