This fund supports community businesses operating in the North and Midlands, looking to grow or develop trading activity.
So far, the fund has focussed on community asset development and will continue to support community businesses. To access this fund you will need to be an incorporated ‘not for private profit’ business with a clear geography of benefit and demonstrate local engagement.
- Loans from £5k up to £250k
- Maximum loan terms of up to 15 years
- 6.5% flat interest rate
- 1% arrangement fee