We offer small business loans if you want to start a business or have a business but are looking for some extra funding.
If you are looking for a small loan for other things (not a business loan) click HERE to go through to our partner Conduit who may be able to help.
Conduit’s mission is to transform lives, raise aspirations and remove barriers to social, economic and financial inclusion. One of their key values is to make people matter by releasing their potential and encouraging self-worth. Conduit have been a charity for more than 30 years operating initially in the North East of England, but now with national coverage, and have similar charitable objectives to Purple Shoots
We have chosen to partner with their FCA regulated personal lending arm Conduit because we believe they are the best in the market and we can rely on their underlying values of fairness and ethical practice. You can apply for a loan online or speak to one of their friendly team over the phone.
When you first click through on the link, you might think that the APR looks high, but other leading lenders in this market charge significantly more. The Conduit website provides comparison of their loans against other lenders. There are no hidden fees. The following table illustrates the cost of borrowing from Conduit:
| 26 Weeks | 26 Weeks | 52 Weeks | 52 Weeks | |
| Amount Borrowed | Weekly Payment | Total Repaid | Weekly Payment | Total Repaid |
| £100 | £4.58 | £119.08 | – | – |
| £200 | £9.16 | £238.16 | £5.36 | £278.72 |
| £500 | £22.90 | £595.40 | £13.41 | £697.32 |
These are illustrative examples. Representative APR 99.8%.
