Finance East is The FSE Group’s regional funding organisation for the six counties of the East of England.
Finance East provides an alternative source of loan finance to support high-growth businesses based in Essex, Suffolk, Norfolk, Cambridgeshire, Bedfordshire, Hertfordshire (see map below). As fund manager for the East of England Regional Growth Loan Scheme & East of England Regional Trade Finance Loan Scheme, Finance East offers loan finance to established SMEs seeking to implement growth strategies.
Since establishment in 2009, it has supported over 180 companies through the Regional Growth Loan Scheme, agreeing more than £23.5m of loans and leveraging a further £50m of other finance into growth orientated SMEs. Companies supported have created nearly 850 new jobs in the region.
The Regional Growth Loan Scheme is funded by HM Government via the Department for Business, Innovation and Skills.
The scheme has capacity for more lending and the Finance East team are keen to discuss opportunities – please contact us for more information.
Finance East maintains close contact with a range of organisations that provide business support services to SMEs across the East of England. A list of our partners can be found here: Finance East Partners
Finance East also work closely with the New Anglia Local Enterprise Partnership to deliver the New Anglia Growing Business Fund. More information about the New Anglia Growing Business Fund can be found here: www.thefsegroup.com/new-anglia-growing-business-fund/
SME DEBT FUNDS
- East of England Regional Trade Finance Loan SchemeLoan Amount: £50,000 - £250,000
Loan Term: 3 to 12 months
- East of England Regional Growth Loan SchemeLoan Amount: £50,000 - £250,000
Loan Term: Up to 5 years
New Anglia Growing Business Fund
Grant funding to growth businesses across the whole of Norfolk and Suffolk.
The Fund provides grants of up to 20% of the project cost, between £5,000 and £500,000, to businesses that have a shortfall in their investment plan and are able to create at least one job for every £10,000 provided by the Fund, with a minimum of one new role.