Loans
Loan finance is available for small businesses and social enterprises in Herefordshire, Worcestershire and Shropshire. Loans are offered to enterprises for viable projects where the company is not able to access some or all of the funds through commercial sources.
Min Value: £1,000
Max Value: £50,000
Interest rate: 8% above base
Key Criteria
For viable activities in the region
At Commecial rates
To small businesses and social enterprises
Repaying between 6 months and 5 years
With or without security
When bank support is limited
