EEDA co-investment loan


EEDA is seeking to support Business Angel investment by setting aside a total of £1.25 million from their Regional Loan scheme.  Funding is available as a Co-Investment Loan for high growth SME companies in the East of England. 

How Much? Loan Term Turnover Interest Rate
£50k - £125k Min 2 years; Max 7 years N/A 8 - 12% above base rate

Who's it for?

The funds are for growth orientated SME companies based in the East of England who are seeking to match Business Angel investment. Loans will be made available to those companies able to meet the following criteria:

  • a clear business strategy
  • capable of significant growth
  • provide a business plan demonstrating
    • a viable product or service
    • addressing an identifiable market need
    • a management team with relevant background
    • evidence of a strong commitment to the enterprise from the proprietors
  • able to demonstrate competitive advantage, probably in niche markets
  • Identified business angels willing to invest
  • either already generating revenue or able to demonstrate a move to revenues within a 6-12 month period.

Who is it run by?

The loan fund is managed on behalf of EEDA by Finance East.

How can I apply?

To find out if you are eligible for this loan, or to find out more please contact Finance East on 0845 180 0580 or online here.

Finance for Business forms part of 'Solutions for Business' - a highly targeted, publicly funded suite of products and services offering solutions to real business needs and tackling market failure.   

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