As part of their commitment to support business growth across the region, the Business Enterprise Fund has taken the step to increase their lending limit on flexible unsecured loans to £250,000*.
The application process is quick and easy, and businesses could borrow between £1,000 and £250,000 for a range of purposes that include cash flow, asset purchase, business growth and development.
*Eligibility for unsecured loans up to £250,000 is subject to full due diligence and would need to meet a lending criteria. Typical features of a qualifying business applying for this higher amount would include most of the following:
✓ An established and profitable business with an increasing net worth
✓ Operating on a B2B basis
✓ Management accounts produced at least on a quarterly basis
✓ Experienced owners/directors with good credit and personal asset positions
✓ Operating a clean bank account with low business debt
✓ Can demonstrate job creation as a result of the lending
For more information or to discuss a case with a dedicated investment manager, call 0800 080 3145 or email email@example.com.