Small Loans for Business

Small loans for business provide loans to start-ups, SMEs and social enterprises in the East of England

What is it for?

To provide loans with flexible repayment terms to groups who typically are refused finance to encourage and make it easier for more people to start up and grow their own enterprises.

To be eligible for a small business loan you must have:

• Proof that you have tried to obtain funding from traditional sources such as your bank or building society and been refused for whatever reason - have a poor or no credit history, etc.
• A workable business plan ideally demonstrating the potential to create new jobs

Who is it run by?

Small loans for business are managed on behalf of EEDA by Foundation East.

How can I apply?

To find out if you are eligible for this loan, or to find out more please contact Foundation East on 01284 757777 or visit www.foundationeast.org

Small loans 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.