Startup Business Loans for Professional Services | Spark Finance
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Startup Business Loans for Professional Services

Specialist startup business loans for law firms, accountants, and consultancies across the UK. We compare 100+ lenders to find the most competitive rates and terms for your sector.

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Common uses of startup business loans for Professional Services Firms

Professional Services Firms use startup business loans to fund a wide range of business needs.

office fit-out

technology

working capital

hiring

About Startup Business Loans

Startup business loans provide capital for new and early-stage businesses that lack the trading history required by mainstream lenders. Options include the Government Start Up Loan scheme and specialist lenders who fund businesses from their first months of trading.

Startup Business Loans for Professional Services - by location

LondonManchesterLiverpoolStockportOldhamRochdaleWarringtonLeeds

Frequently asked questions

What is the Government Start Up Loan?

The Government Start Up Loan offers personal loans for business purposes at a fixed 6% APR, with amounts from £500 to £25,000 per director and free mentoring included. It is available to businesses trading for less than 36 months.

How much trading history do I need?

Some specialist lenders fund businesses from day one. The Government Start Up Loan is available for businesses under 36 months old. Most other lenders prefer at least 6-12 months of trading history and bank statements.

What if I have no business credit history?

For startups, lenders place greater weight on personal credit history, personal guarantees from directors, and the quality of the business plan. A well-prepared plan with realistic financial projections significantly improves your chances.

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