Member Since: 19th Mar 2012
24th Aug 2012
Try Money Circle or Zopa
Try using The Money Circle for a business loan, or possibly Zopa if the individual was looking for a personal loan. These may offer funding, although I haven't personally used either.
Start-ups are difficult, as with no trading history (obviously) or prior years accounts to make a judgement on, you're placing a lot of faith in the individual to make a success of things.
Security for the loan may be little or nothing unless personal guarantees are offered, so unless an entrepreneur puts up their house as collateral; the potential lender will charge high rates.