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Loans

Small Business Loans

London Business Loan Fund

The £4m London Business Loan fund is available from oneLondon. It has been created exclusively for small businesses and entrepreneurs throughout London who have had funding requests turned down by mainstream lenders.

There are 2 types of loan available to businesses in London:

Start up Loans for businesses that have been trading for less than 18 months. This loan will allow you to borrow up to £7,500 with no interest to be paid, just a monthly management fee.

For more information on the start up loan and to apply please click here.

Business Growth Loans for businesses that have been in existence for more than 1 year and have Trading Accounts that are certifiable. This loan will allow you to borrow up to £20,000 with interest fixed for first three years at European hurdle rate, presently at 9.81%.

For more information on the business growth loan and to apply please click here.

LDA's Access to Finance Programme for objective 2 area

oneLondon has been appointed as a manager of the LDA's new Access to Finance £10m loan programme. The scheme will benefit new and growing businesses in the most deprived areas of London, who are unable to obtain traditional bank finance.

The loans are available to businesses within the 'Objective 2' areas of London which can demonstrate a viable business opportunity.

For more information on the access to finance programme or to apply please click here

Venture Capital Report

Venture Capital Report (VCR), one of the UK's premier business angel networks. It has formed an exclusive strategic alliance with Greater London Enterprise (GLE) and its Business Angel Network, oneLondon Business Angel Network (OLBAN)