Funding & Support
Don’t Let Funding Be the Barrier Between You and Your Dream.
There is support out there to help you launch, you just need to know where to look.
Starting a business is exciting, but we know the first question on everyone’s mind is usually:
“How do I pay for this?”
Whether you are looking for a government-backed loan to buy equipment, need a grace period from the Jobcentre while you find your feet, or simply need to get your credit score in shape to be taken seriously by investors, the UK has incredible systems in place to support new entrepreneurs.
At StratoWrite, we don’t just write plans; we provide the keys to these doors.
Government Backed Funding
And Mentoring
The UK Government wants new businesses to succeed, and there are specific schemes designed to make that happen.
Many new entrepreneurs assume they need a rich investor or a bank that requires years of trading history. That isn’t true. There are government-backed initiatives specifically designed for start-ups that have no trading history at all.
What is available?
Start-Up Capital: Access to unsecured personal loans specifically for business purposes (typically up to £25,000 per business partner).
Larger Government-Backed Loan Options: Depending on the scheme, business stage, and eligibility, there may also be government-backed borrowing available at much higher levels – in some cases up to £2,000,000.
Fixed Interest Rates: These government-backed options usually come with fixed interest rates, so you know exactly what your repayments will be.
Free Mentoring: Successful applicants often receive 12 months of free mentoring from experienced business advisors to help guide you through your first year.
How we help: We create Custom and Ready-made Business Plans designed to help you present your business clearly and professionally for funding applications. Inside your plan, we include direct application routes to the official delivery partners who manage these funds.
We also publish Specialist Info Packs and Business Centre articles that go deeper into funding options, eligibility, and how the application process works.
Credit Building
And Financial Health
Your personal credit score is often your new business’s first reputation.
When you start a new business, you don’t have a business credit history yet. This means lenders, suppliers, and landlords often look at you.
A strong personal credit score can be the difference between a “Yes” and a “No”, or the difference between a high interest rate and a low one.
Why this matters: Even if you have a “thin” credit file or past issues, there are ways to improve your standing instantly. There are powerful tools available that allow you to:
Boost Your Score: Instantly add points to your score by connecting your current bank account and proving you pay regular bills (like Netflix or Council Tax) on time.
Check Your Eligibility: See exactly which loans or credit cards you are likely to be accepted for before you apply, protecting your score from unnecessary checks.
How we help: We believe in setting you up for success before you even launch. Our plans include access to our trusted partner services that allow you to check your score for free and give you actionable tips to improve it immediately, putting you in the strongest position to ask for funding.
Support for Jobseekers
And Benefit Claimants
Being out of work doesn’t mean you are out of options.
In fact, it can be the perfect time to start.
If you are currently receiving Universal Credit, Jobseeker’s Allowance (JSA), or Employment and Support Allowance (ESA), you might feel like starting a business is a risk you can’t afford.
But did you know the DWP (Department for Work and Pensions) has specific rules designed to help you transition from benefits to business owner?
What is available?
The “Start-Up Period”: For those on Universal Credit, you may be entitled to a “grace period” (often up to 12 months). During this time, the “Minimum Income Floor” does not apply, meaning your benefits are calculated based on your actual earnings (even if they are zero while you set up), giving you a financial safety net while you build your business.
Work Coach Support: Your Work Coach can refer you to specific business mentoring schemes rather than forcing you to apply for jobs that don’t fit your skills.
How we help: Navigating the benefits system is tricky, and you need to use the correct terminology to trigger this support.
We have compiled all this essential information into a specialist ‘Benefits to Business’ Info Pack. This guide tells you exactly what to ask for and who to speak to.
You can download this pack directly from the StratoWrite shop: [Benefits to Business Info Pack].
Ready to Unlock This Support?
The information, the funding, and the support are out there, but finding the direct contacts and knowing exactly what to say can be overwhelming.
We have done the hard work for you.
Our plans provide access to our trusted partner network for funding and credit building. And for specific support on transitioning from benefits to business, our dedicated Info Pack is ready to guide you.