Look on the Brightside for startup loans

16 Oct Look on the Brightside for startup loans

Whatever your business, whether you are setting up as a personal trainer, a hairdresser or a craftsperson, the chances are you will need some finance to help get you on your feet.

These days, less people are going down the traditional route of talking to their high street bank about a startup loan and more people are turning to organisations that combine finance with expert support for you and your business. At The Startup Guys, we recognise how important it is to have a helping hand during the first few crucial months of starting a business, so we’ve searched high and low to find some of the best companies which offer startup loans and vital support.

For many entrepreneurs one of the biggest initial obstacles is putting together a business plan. Lots of loan providers will require this before you can even apply, which can therefore causes somewhat of a problem. However, organisations like Brightside Startup Loans help you develop a plan as part of their application process, meaning you can effectively kill two birds with one stone. They offer an online training course to help you develop a business plan. If this plan is approved, you’ll then be matched with one of their mentors who will provide you personally with expert advice on how to make your business a success. Of course, you will also be given up to £9,500 to finance the setting up of your business.

We like Brightside Startup Loans because we at The Startup Guys know how valuable it can be to have a mentor at hand during the setting up of your venture. Their mentors are some of the best professionals in their respective fields. On their panel, they’ve got people like Matt Long, commercial director at Saatchi & Saatchi X, and Janet McGuigan, senior manager at global professional services consultancy Deloitte.

Don’t underestimate the importance of having a mentor who has real life experience of what works and what doesn’t on hand while getting your startup business off the ground. You might already have a mentor on your side, but if not it might well be worth considering Brightside Startup Loans for your finance.

Even if you don’t end up choosing them for your startup loan, we recommend visiting their website –www.brightsidestartuploans.org – and checking out the wealth of really handy information offered in their ‘knowledge bank’.