We work with a national network of Delivery Partners who are based across England, Wales, Scotland and Northern Ireland. In addition to helping applicants prepare their business plan and cash flow forecast, our Delivery Partners are responsible for assessing final applications and providing ongoing mentoring support to successful applicants.
We also work with two Finance Partners, Street UK Limited and The Enterprise Loan Fund Ltd (trading as Business Finance Solutions), who are responsible for administering the loan agreements and funds to successful applicants (and are both regulated by the FCA). Our Finance Partners are the key point of contact for any matters relating to loan administration and repayments. Delivery Partners do not get involved at this level once the loan has been granted.
All of our Delivery Partners and Finance Partners are closely monitored by The Start Up Loans Company to deliver a consistent approach to supporting applicants and ensure responsible lending decisions are made across the network.
TEDCO specialise in helping people in the North East progress business ideas, through the development of a business plan along with support in accessing business finance, including Start Up Loans, through their partnership with Virgin Start Up.
This is the first step in applying for a Start Up Loan to turn your business idea into a reality. We're delighted you've chosen to work with Virgin Start Up and excited to hear more about your business! Remember, a Start Up Loan is a personal loan for businesses purposes. Failure to maintain repayments in line with your agreement could have an adverse effect on your personal credit report and make obtaining credit more difficult. Ready? First of all, we'd like to know more about you and your business idea. Tell us briefly what your business is all about, where you`re based and what stage you're at with it.
TEDCO delivers Virgin Start Up Loans across the north east of England. Start Up Loans are available to businesses yet to launch, or those that have been trading for up to 12 months, although in certain circumstances this may be extended to 24 months.