Princes Trust Small Business Loan Review

Princes Trust Small Business Loan

If you're ready to run your own business, the Princes Trust are ready to support you!

To qualify for a grant or loan you must be aged 18-30, unemployed, have an idea for a business, and be unable to raise funding for your business elsewhere.

A market research grant of £250 is available to help you assess the viability of your new business venture.

With start-up support from The Prince's Trust, you could get:

a low interest loan of up to 4,000 for a sole trader, or up to 5,000 for a partnership (the average loan is between 2,000 and 3,000 but varies regionally)
a grant of up to 1,500 in special circumstances
a test marketing grant of up to 250
ongoing business support and specialist advice such as our free Legal Helpline. Read about it
ongoing advice from a volunteer business mentor
access to a wide range of products and services, free or at discounts

You can find out more about Princes trust grants and loans at http://www.princes-trust.org.uk/

Your Comments/Opinions

i have found this web site to be very helpful and would like some more information on being able to apply for a grant

zerina abb

i'm thinking of starting up my own cafe but i don't now how to do it if i can miby get help on doing so, i have done diffrent princes trust courses before, i'm looking for funding to start up and to get my bisness up and runing

ian difolco

i'm thnking of setting up a business and i'm finding this web site very helpful.

Phil micrackin

Hi i am a full time mum of 2 boys age 3 & 5 whilst being at home i have run parties for children face painting & games, I also have created a very special hand painted childrens tipi! I am so desperate to launch my idea one person was willing to pay me for 100 tipis as she loved the idea so much but at a price too high for me she wanted total exclusivity! My idea is fab but i do not have the finance to get started on my own. I am a very young 36yrs old am i too old for a princes trust grant ? kind regsrds

julie dawson

Julie if you can't get a grant from the princes trust you may be able to get one from your local council, you could try calling the local chamber of commerce and asking them. Or try business link.

consultant

Its always worth taking time to see what the trust has to offer. My business plan is now at least 60% better since using the trust. Its an easy worthwhile experiance that is a credit to the royal family and the uk and all those work for the princes trust. If they cannot help they will help you find help. Thanks for everything