Enterprise M3 Expansion Loan Scheme

The Enterprise M3 Expansion Loan Scheme is available within the Enterprise M3 geographic area (see eligibility below) to established SME businesses requiring finance to implement expansion activities that will deliver substantial growth.

Key Features

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.


To apply to the Loan Scheme the business must:

  • be a SME established as a limited company
  • have a material part of its operations in the district councils of Hampshire and Surrey which are covered by the Enterprise M3 Local Enterprise Partnership
  • have existing sales and customers and thus have a proven business concept which has achieved some commercial traction; it is expected to have been trading for at least 12 months and generated sales of at least £100,000 per annum
  • have compelling commercial potential
  • require finance to invest in expansion and scaling up activities that will deliver substantial growth impact
  • Cheryl Weeks Head of Funds South East
  • James Edwards Investment Manager

Step 1 Download and complete a Pre-Application form
Click to download
Enterprise M3 Expansion Loan Scheme
Step 2 Post or email the completed form to:
Enterprise M3 Expansion Loan Scheme,
Riverside House,
4 Meadows Business Park,
Station Approach,
Blackwater, Camberley,
Surrey, GU17 9AB.
01276 608531
Exclusions: The funding is available for investment purposes and not for refinancing of existing loans or creditors; working capital or turnaround situations.
The Loan Scheme is unable to provide loans in the following sectors, which include those covered by EU rules and regulations: shipbuilding, steel production, coal production, land and property development, dealing and investment, provision of debt and equity finance and financial Services in general, accountants and the legal services, hotels, nursing and residential care homes, agriculture, horticulture, forestry and timber production, international motor transport.