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Start Up Loans

EuropeFintechNews Roundup
·Jan. 22, 2018

The UK Sees Number of Startups Drop for First Time Since 2008

The UK saw 5.5 percent fewer startups begin in the last year; startups have found getting funding to be increasingly hard and only 53 percent survive their first three years; most business owners are starting companies on the side and tend to have a full time job as well; the government has tried to help with programs like Start Up Loans which lends money to emerging companies; startup owners not only find business to be hard but end up debt in many cases as they can never really get sales off the ground. Source.

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