Thanks for the insightful info there Red! Scary stuff o.O
What I want to do follows along the lines of what Folderol said, A small home set up capable of doing just what I need it to while working a full time job. And with any luck scrape some money in from the studio while indulging in what I love doing. When I said about getting credit to start out I simply meant a very small loan, probably no more than £1000 to get me set up to a semi hobbyist level.
Just so as I'm clear mate, you're gonna get a 1k loan, buy some gear to assemble a semi-hobbysit level studio and then aim to make money from this set-up yeah?
Or have I misunderstood?