eligibility checklist

Make an enquiry about Micro Loans

eligibility checklist

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The North West Fund for Micro Loans - £25K to £50k


Background information

The North West Fund for Micro Loans is a source of debt/quasi debt investment to assist entrepreneurs wishing to start their own business and existing SMEs looking to grow. It's targeted at businesses in the North West that require finance to achieve their growth plans.

The Fund can lend between £25,000 and £50,000 in a single round.

The North West Fund for Micro Loans can co invest with other lenders & finance providers.

Businesses must demonstrate a strong case for investment when applying. They should provide a business plan, which must show the business' vision for growth and its ability to service a loan.

The applicant must be able to demonstrate that the provision of funding will assist in creating and / or safeguarding jobs.

Loans term between 3.5 to 7 years.