Government-backed Funding For Your Business

If you have previously had a Start Up Loan from us and have now been trading for 6 months, you may be eligible for a second loan to help you grow your business. To be considered you will need to provide an updated Personal Survival Budget, Actual Business Cash Flow covering the last 6 months of trading, a 12-month Cash Flow Forecast & three months of consecutive business-related bank statements.

X-Forces Enterprise worked with Government to change policy to make this fund accessible to the armed forces community who were unable to get traditional or unsecured finance. As a result, we are now an official Delivery Partner of the Start Up Loans scheme, administered by the British Business Bank, offering an unsecured personal loan at fixed interest, together with free mentoring and support to develop your business.

IMPORTANT: Missing payments could have severe consequences and make obtaining credit more difficult. Loans are strictly for 18s and over. Personal loans for business use only. Finance is subject to status, where a credit check will be performed.

Start-Up Loans are unsecured personal loans for business purposes, because we are a responsible lender we will need to conduct a credit check in order to process your application. You will also need to confirm that you are eligible, based on the following criteria:

• Second Loan –  Your business has been trading for less than five years
• Your business is based in the UK
• You are unable to secure finance from other sources
• Your business type and loan purpose is eligible under the terms of the scheme

To find out more about how X-Forces can support you, or to begin the application process, please complete the form below.

Mandatory fields are indicated with a *