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Start Up Loans, part of the British Business Bank, today announces that it has delivered more than £140m of loans to UK entrepreneurs aged 50+ since its inception in 2012. The programme has supported 13,422 loans, at an average of £10,427.

· Nationally, 13 per cent of all Start Up Loans have gone to business owners aged 50 or above, providing over £140m of finance

· 13 per cent of loans issued in Yorkshire and the Humber have gone to entrepreneurs over 50, totalling £14.1m

Start Up Loans provide £14m boost to entrepreneurs over 50 in Yorkshire and the Humber