This fund is aimed at growing SMEs with a viable business expansion proposal unable to obtain part or all of their debt funding requirement from the private sector, due to lack of collateral or track record.
Funding available from £100,000 – £1,000,000.
Loans are typically 3-5 years; bespoke repayment profiles will be considered.
Security, interest and fees will be individually tailored and reflective of higher risk appetite. Debentures may be subordinated.
New and established SMEs.
Located in one of the 33 London Boroughs.
Viable business plan and compelling commercial potential.
For activities that will deliver substantial growth impact including:
