Loan Amount: £25,000 – £1,000,000
Loan Term: Up to 5 years
Security: Typically debenture and personal guarantee (partial)
Interest charges and fees apply.
This fund is aimed at growing companies with a viable business proposal that are unable to obtain debt funding from the private sector due to a lack of collateral or track record.
Loan Amount: £25,000 – £1,000,000
Loan Term: Up to 5 years
Security: Typically debenture and personal guarantee (partial)
Interest charges and fees apply.
To apply to the Loan Scheme the business must:
Be an SME established as a limited company.
Have a material part of its operations based in Cornwall.
have a viable business plan and compelling commercial potential.
Funds can be used for activities that will deliver substantial growth impact including: