• Borrow between £1,000 and £25,000
  • No hidden fees or penalties
  • 9-15% Fixed Interest Rate
  • One to Five Year Repayment Terms

Why Choose Us?

We’re a not-for-profit organisation which reinvests money into the local economy.  As an independent organisation, our primary interest is in helping communities prosper rather than in making money for distant shareholders.

We’ll guide you through the application process for your Development Loan.  Once it’s been awarded, we’ll be on hand to provide you with free, expert business advice if you need it.


Call 01686 626234 or simply enter your name, phone number and email address below and we’ll call you back as soon as possible during office hours.

Fair Finance for Growing Businesses in Wales

Our locally financed business development loans are aimed at businesses over two years old that need additional working capital to scale and grow. We recognise that accessing bank finance can be hard or prohibitively expensive for small to medium sized enterprises. The finance for our business loans is raised from successful local businesses, local authorities and community councils, which we then invest back into the local economy.

If you would like to register your interest in a development loan, please fill out our callback request form.

  • 1. Get in Touch

    Fill out the form at the top of this page.

  • 2. Submit a Loan Request

    Your application will be reviewed for approval.

  • 3. Application Approved

    The money will be paid into your bank account.

  • 4. Make it a Success!

    Repay the loan over flexible payment terms.

Our Success Stories

  • I couldn’t have done this without you, this loan has helped me move production from my kitchen table to a dedicated facility!

    Lori Coco Pzazz
  • 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.

    Hannah Black Barn Flooring

Frequently Asked Questions

What is the interest rate of the loan?

The interest rate is fixed over the life of the loan. The typical APR is 17.12%. Please get in touch to discuss.

What fees will I be charged?

Typically fees range from 1.5% to 3% of the loan value. This can paid up front or can be added to the loan.

Who can have a loan?

Anyone with a business who is a British citizen or UK resident.

What can the loan pay for?

The loan can pay for anything you need to keep your business running. This could include investing in new machinery, taking on additional staff or renovating a premises.

How much can I borrow?

Loans of £1,000 to £25,000 are available, but the amount you can borrow will be determined by your business plan

How quickly do I have to repay the loan?

The loan must be paid back within five years and there are no fees for early repayment. Capital repayment holidays are available, but interest must be covered throughout.

What help will I get?

We will help you during the application process to make sure your business plan is robust and your forecasts are realistic and achievable. We’ll provide honest and confidential feedback whenever you need.

Is there anything you won't fund?

We will not provide a loan for businesses that involve gambling, pornography or the arms industry. We will not loan to anyone whose business involves illegal activities.

What is Enterprise Finance Guarantee?
The British Business Bank’s Enterprise Finance Guarantee (EFG) scheme facilitates lending to smaller businesses that are viable but unable to obtain finance from their lender due to having insufficient security to meet the lender’s normal requirements.

In this situation, EFG provides the lender with a government-backed 75% guarantee against the outstanding facility balance, potentially enabling a ‘no’ credit decision to become a ‘yes’.

The Enterprise Finance Guarantee scheme is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and Industrial Strategy (BEIS)

Full details about the EFG scheme can be found on the British Business Bank website at: www.british-business-bank.co.uk/EFG

More Information
EFG supports a wide range of business finance facilities, including:
• Term facilities
• Overdrafts
• Asset finance facilities
• Invoice finance facilities

Eligibility Criteria
You must:
• Be a viable UK based business, with turnover of no more than £41m per annum
• Operate within an eligible sector, (a small number of sectors are not eligible for support)
• Have a viable borrowing proposal, but insufficient security to meet a lender’s normal requirements
• Be able to confirm they have not received de minimis State aid beyond €200,000 equivalent over the previous three years

As with any other commercial transaction, the borrower is always responsible for repayment of the full value of any facility
supported by EFG

The guarantee is to the lender, and not the small business
All small businesses supported via EFG are required to pay a 2% annual Guarantee Fee to the government, as a contribution towards the cost of the scheme