Sometimes our past can close doors to our future – we want to offer an open door if we can.
We love working with enthusiastic people and helping them realize their untapped potential. So if your business idea has been rejected by another lender, talk to us. Maybe we can help with an ethical loan of up to £5000 and a package of support.
We don’t give money away of course! We only lend where we think the business idea is going to work. We’ll say YES to a good idea even if the plan needs work or your credit score is low.
Talking about repayments: We’ll give you 12-36 months to pay us back at an interest rate of 14.5% per annum (APR 25.19%-25.91%). So if you borrow for example £2000 over 2 years, you’ll pay back £107.50 per month for 24 months – totalling £2580.
Purple Shoots Loans The Process
Click “How To Apply” here or the button below. Tell us about your business idea and what the loan is for and we’ll send you a short application form.
ARE YOU GETTING ENOUGH BENEFITS?
Don’t forget you may also be entitled to extra support from DWP in the form of Universal Credit. Universal Credit is a benefit for unemployed people or people on low incomes to top up their income. The total amount you can get depends on several things such as whether you have a partner, your number of dependents, your housing costs etc. Universal Credit also depends on your monthly take-home pay so if you have a variable income, it can be a way to smooth it out.
To find out what you’re eligible for and to check you are getting everything that you should be getting, you can use our free and completely anonymous benefits checker, which will give you an impartial assessment of what you can claim. We recommend you do this before you apply to us.
