News about Jack Scott

In a sign of promising new company owners, Virgin StartUp has unveiled plans to triple the sum it dishes out in start-up loans. Over the next two years, it will be available up to £36 million in start-up loans to UK business founders, with an estimated 3,000 firms set to be supported. Individuals from around the United Kingdom are eligible to apply for a start-up loan between £500 and £25,000 with a set interest rate of 6 percent, with no penalty fees applied until the loan is paid.