Monkey Puzzle Franchise News
Help With Franchise Start Up Costs.
Many aspiring entrepreneurs come up against a brick wall when trying to finance a business idea.
For that reason purchasing a franchise is often the best available option to the aspirant. A proven franchise business model will always be looked upon favourably by lending institutions as they demonstrate a successful business that has flourished over a reasonable period of time.
But banks are not the only source of finance, there are other institutions that offer help with start up costs, one such is a Government funded scheme to provide business loans and mentors for the budding entrepreneur, simply called “Start Up Loans”.
It’s head, Lord Young, identified that if entrepreneurialism was as prolific into the British psyche as it is in the US, it could potentially create one million extra jobs across the country.
Anyone above the age of 18 living in the UK is eligible. Of course you need a viable business idea and you can even apply if you have already started a business, but it must not have been trading for more than 12 months.
Each application is considered on its own merits with the average loan size being £6,000, however the final loan amount will be determined by your business plan.
Remember though, this is a loan and not a grant and therefore repayable. The repayment period ranges between 1 and 5 years and will be agreed by your delivery partner.
So if you have been considering starting a small business or are interested in a franchise, such as the wonderful Monkey Puzzle Nursery Franchise (sorry I just couldn’t resist!) then visit the Start Up Loans website and…
If you want to find out more about the Monkey Puzzle Franchise Offer, simply register for an information pack.
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Monkey Puzzle News
Monkey Puzzle Day Nurseries Ltd
Herts, HP4 2UB
Telephone: 01442 878887