Loans Description
MCF is a mixed personal and business lending CDFI that has been operating in Derbyshire since 2003 and in East Staffordshire since 2007. It can lend to start up and developing businesses that have been unable to raise any or enough funding from the mainstream sources.
Interest rates range from 25% APR for loans of less than £2000 to 14% for loans of £4000
Min Value £1000 Max Value £10000
It may be possible to lend more than £10,000 in some cases
Key Criteria
West Midlands based businesses must be located in Staffordshire with a focus on Burton upon Trent, Uttoxeter,Stoke on Trent and the surrounding areas
Business can be social enterprises or commercial
Loan applicants must work with a recognised business advisor
