Tuesday 29 April 2014

Artsthread | Entrepreneurs | Business loan

After graduating, setting up my own business is something i'd like to do after a few years of working in-house designing and understating how a company works. I came across ArtsThread when looking for internships for the summer and found this application for starting up a business from scratch. This is something i'll bare in mind throughout my graduate year. 



ARTS THREAD is working with School For Startups’ Launcher programme which combines government-backed startup business finance from the Start-Up Loans Company, with a School For Startups one-day bootcamp, online community and mentoring at no cost.

If you are interested in taking a loan for an expense to help you set up your new business, we can provide you a loan at an interest rate of only 6.2%.

TAKE A LOAN & GAIN EXPERT ADVICE FROM YOUR MENTOR ON A MONTHLY BASIS.

As a specialist in creative business start-ups, ARTS THREAD is here to give you all the support you need to make your new business come to life!

Specialisms covered include: 
DIGITAL / TEXTILES / ILLUSTRATION / FURNITURE / FINE ART / CONTEMPORARY CRAFT / PRODUCT DESIGN / GRAPHIC DESIGN / INTERIOR DESIGN / RETAIL / FASHION /

KEY CRITERIA: YOU MUST BE 18+ AND YOUR BUSINESS MUST BE BASED IN ENGLAND OR NORTHERN IRELAND AND HAVE BEEN TRADING FOR UNDER A YEAR.

USE OUR 4 EASY STEPS TO APPLY FOR A LOAN:

STEP 1: Register your interest by emailing entrepreneurs@artsthread.com or call us on 0208 123 5019
Quick FAQ: I have a query? Answer: email entrepreneurs@artsthread.com

STEP 2 – Download the AT ENTREPRENEURS APPLICATION FORM, complete and email to entrepreneurs@artsthread.com and you will be notified within 48 hours of its receipt.

STEP 3 – After receiving your application form, we will review it and successful applicants will be emailed and sent a loan application form to complete and send back to our partner organisation Launcher, who will request supporting documents, help you finalise your business plan and cash flow projections and put your application through for review with the Start Up Loans Company.

STEP 4 – Your loan is processed and post loan support is provided by the Launcher Team, including; up to 32 hours of live teaching, monthly mentoring sessions with a mentor from the same design background, online business support with 24 hour response time and access to an online community and library.

Key Frequently asked questions & their answers -
- Applicants must be over 18
- Applicants must live in England or Northern Ireland (this includes all UK residents and EU members).
- The average loan is for approx £5,000, with lower figures from £1000+ and up to £9,900
- The loan is a personal unsecured loan and you will be required to pay back the loan within five years at a fixed-rate of interest – currently 6.2%

Link:
http://www.artsthread.com/entrepreneurs-2/

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