We’re a not-for-profit organisation which reinvests money into the local economy. Our interest lies in helping communities and businesses to succeed, rather than in making money for distant shareholders.
Apply for funds with us and we’ll guide you through the application process for your Start Up Loan. Once it’s been awarded we’ll be on hand to provide you with free, expert business advice if you need it.
Ready to go? Click on the button below and you can apply for your loan online.
Do you have any questions? Call 01686 626234 or enter your details below and we’ll call you back during office hours.
Our government backed Start Up Loans are aimed at new companies in Wales and the border towns who have a viable business idea or have been successfully trading for less than 24 months , but have no access to finance. We lend against potential success of your small business, rather than your credit score; so if you come to us with an idea we’ll explore it with you and assist with putting together a business plan before making the decision to lend.
We want your idea to succeed which is why we offer free, one-to-one support from a business mentor – someone who has experienced the challenges, taken the risks and reaped the rewards.
Fill out the form at the top of this page.
Your application will be reviewed for approval.
The money will be paid into your bank account.
Repay the loan over flexible payment terms.
After we won the contract with O2 we were worried about finance, but the Start Up Loan and ongoing support from you has been invaluable.
I couldn’t have done this without you, this loan has helped me move production from my kitchen table to a dedicated facility!
I think I love you, thank you so much Jackie. We'll definitely stay in touch as I may need some help in the future.
Use the calculator below to see the total and monthly repayable on different amounts over one to five years.
The interest rate is fixed at 6.2% APR. There are no hidden costs and no security is required.
Anyone with a viable business idea or business 0 – 24 months old who is a British citizen or UK resident. Additional time can be allowed if you have been testing the market prior to actual business trading.
This is a personal loan for business purposes. It is only available to individuals with a personal bank account.
The loan can pay for virtually anything you need to start and run your new business. This could include purchasing equipment, getting a website developed, marketing and promotional materials or just day to day running costs while the business builds a client base.
We will help you during the application process to make sure your business plan is robust and your forecasts are realistic and achievable. We will also discuss any training or mentoring needs you might have.
We can help you with:
Loans of £500 to £25,000 are available, but the amount you can borrow will be determined by your business plan
The loan must be paid back within five years and there are no fees for early repayment.
Start Up loans are not available for business ideas that involve gambling, pornography or the arms industry. Otherwise we can fund most business activities, so long as they are legal – just ask us.
New Business Start Up Loan
Borrow up to £25,000
Fixed 6.2% APR
Government backed start up loan fund
Up to five years to repay your loan
Free mentoring and support