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Created with Fabric.js 1.4.5 Business LoansFactsheet 2012 Sources: Small business loans of up to £50,000 can usually be obtained with an interest rate of 8-10% _loans If you can secure 25% of your required capital you can apply for the rest via the government's Enterprise Finance Scheme (EFS). 26% of UK small businesses are "irresponsibly" funding themselves with credit cards andpayday loans. vice 18-24 year old entrepreneurs can apply for small loans of around £2,500 via the governments Start-Up Britain scheme. While lending from banks is still difficult, lending from building societies and private finance companies has increased throughout 2012. up Crowdfunding is becoming popular with small businesses. This is where an entrepreneur seeks small donations from the public with promises of discounts and gifts as a return on their investment. A bicycle repair start-up in Sommerset raised £40,000 in six days doing this. Preparing for Interview: -Dress appropriately to show that you are serious about applying for this job.-Plan ahead about the questions that you are going to be asked according to the job and practices your answers or responses.-Learn about the company and anything that goes into the background of their company. eet
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