Loans

Coventry and Warwickshire Reinvestment Trust are an organisation providing loans of between £1000 and £50000 to individuals partnerships companies and social enterprises who can demonstrate a benefit to the communities that they serve.

This might be in terms of jobs created or safeguarded community resources established new businesses started or environmental improvements.

To be considered for a CWRT loan applicants will need to provide:

• A current business plan (we can help you with this if required)


• Evidence of decline from a bank or private sector funder


• Bank statements


• Previous accounts (where applicable)

Max Value: £50,000

Interest rate: Interest rate 11.5% - 13.5% fixed on declining balance.

 

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Key Criteria

Must be over 18.

The business must be located in Coventry or Warwickshire.

Must have evidence of private sector decline

Retail businesses are difficult for us to fund but may be in certain cases.

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