- Original Poster
- #1
At the end of 2020 to the start of 2021 I applied for a startup loan from:
www.startuploans.co.uk
I was successful and received the money. Unfortunately the business didn't work out as planned and I had to close it down. I'm still paying off the debt as it was a personal loan. The thing is I learnt so much from my mistakes that I'm sure I won't make them again. I'm just wondering if you can apply for a second startup loan or whether you are restricted to just one? I intend to pay all debts back as required.
I'm working on a minimum viable product, I'm also conducting market research and I have the numbers worked out in my business plan. I'm not planning on applying for a few months but I just want to know if I can apply for a second loan?
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Whether you are looking to start up a business or want to grow, our Government backed Start Up Loans offer up to £25,000 alongside mentoring and support.
www.startuploans.co.uk
I was successful and received the money. Unfortunately the business didn't work out as planned and I had to close it down. I'm still paying off the debt as it was a personal loan. The thing is I learnt so much from my mistakes that I'm sure I won't make them again. I'm just wondering if you can apply for a second startup loan or whether you are restricted to just one? I intend to pay all debts back as required.
I'm working on a minimum viable product, I'm also conducting market research and I have the numbers worked out in my business plan. I'm not planning on applying for a few months but I just want to know if I can apply for a second loan?
