Loan Amount: £50,000 – £300,000
Loan Supplement: An optional, additional 5% of the loan amount may be made available to enable supported companies to obtain Investment readiness/consultancy support to deliver their growth plans and/or access future funding. This would be added to the loan and repayable on the same terms.
Loan Term: Up to 5 years
Capital Repayment Holiday: up to 6 months
Security: Debenture. Limited, un-supported personal guarantees may be required depending on risk assessment. Legal assignment of Keyman insurance policy may be taken.
Interest charges and fees apply