For businesses looking to make a significant contribution to local jobs, economic and social cohesion and environmental sustainability.
Security may be required. Product fees may apply. Over 18s only.
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
Who are they?
The European Investment Bank (EIB) operates a loan support scheme to benefit Small and Medium sized businesses, whereby Banks are able to provide borrowing at preferential rates.
Businesses with less than 250 employees who seek loan funding ranging between £26,000 to a maximum £10m. Terms range from between 2 – 25 years (maximum 10 years for loans £2m+).
How you can benefit:
Finance can be made available to allow purchase of commercial land/property, from which to trade (except farmland); development of property/land already owned, from which to trade; purchase of other tangible assets, such as plant, machinery and equipment or non-tangible assets including permanent increases to working capital.
More details: www.eib.org
0800 096 1958
0800 404 6160
Mon to Fri 8am-7pm
(excl. bank holidays).
Calls may be recorded