The Consortium is a group of independent social businesses that operate across the
West Midlands, offering business finance to viable organisations across the region.
Everyone agrees that small and medium size businesses (SMEs) are a key driver for
economic recovery and there is so much in the media almost every day about ideas
and schemes to channel support to enterprise. Fair Finance Consortium members are
not just talking about business support - they have been doing it every day for businesses
across the region for many years.
The Consortium lends about £5m each year to business in the region. Each member
is different - some can make small loans of a few thousand pounds while others can
lend up to £100k where appropriate. All of them have local knowledge and will be
looking for businesses that can make a real difference to the places where they operate,
providing jobs for local people and economic benefits for even more.
Fair Finance Consortium lenders are not high cost lenders out to make a quick profit
by charging exorbitant interest - they are 100% independent local businesses that
have been around for a long time, helping other local businesses to grow.