Business Finance North West

Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Greater Manchester, Hyndburn, Lancaster, Pendle, Pennine Lancashire, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,

Finance Type: Business Expansion, Capital Investment, Energy Efficiency, Environmental, New Business Start Up, New Product Development, Plant and Equipment, Property Improvement, Renewable Technologies, Technology,

Summary

Business Finance NorthWest is the finance arm of Bolton Business Ventures Ltd., an enterprise agency in partnership with North West Regional Development Agency (NWDA), and the European Regional Development Fund (ERDF).

They specialise in providing finance for business start-ups and for growing businesses looking to develop to the next level, or simply looking to stabilise their situation.

They offer a flexible approach to lending, although it is a prerequisite when applying that you have been declined initially by your bank, or other primary source of finance, either in part or fully.

A range of loans are provided to suit all business types and sectors, and for most purposes, including working capital, machinery purchase, marketing, cash flow etc.

Interest charges are competitive against other major lenders for this type of finance and there are no extra charges for early repayment, or for periodic lump sum payments.

Rates are also fixed at the start of the loan, so you can guarantee they will not rise throughout the term. The maximum term is 5 years.

As the loan is unsecured, there are no legal charges taken over business assets or property, although a personal guarantee will be requested where appropriate.

Funding: Loans are provided from £3,000 to £50,000

Type of Funding: Loan

Project Timeframe - Expiry Date: n/a

Eligibility:

Disclaimer: The information above was accurate at the time of publishing. This is a constantly evolving directory and we will amend the details as and when required. Regenerate Pennine Lancashire is not responsible for the accuracy of external information.

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