Enterprise - We are: Loans

In order to be able to set up the studio, we would need an initial start up loan to cover the costs that we will face at the beginning as none of us have the money to put into it, and obviously with it being equal shares between each of us it is more ideal to get a loan.

We looked at the different types that are available to possibly use.

The 4th one down seems like a good option as from when the money is borrowed, the first repayment of the loan doesn't actually need to start until 6 months after. This would be good as we wouldn't have to worry straight from the off about having to pay the money back, so we can concentrate more on getting some money in to then be able to start paying the loan back with no worries. The Princes Trust loan also looks like a good one.