Our network of professionals is growing all the time and we are proud to now be associated with FW Capital, who are managers of the North West Funds for Loans Plus.
Under this scheme which is funded by the European Regional Development Fund and European Investment Bank, loans are available for a range of business purposes, between £50,000 to £750,000 with a 5 year payback. The loans are available for SMEs based in Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside and they are designed to assist businesses who have been unable to secure all or part of a funding requirement from a primary lender, so even if your bank won’t help, this fund will!
If this is something that you are interested in, we have copied some information below for you and if you need assistance with compiling a business plan, then our friends at Herriot Hughes Chartered Accountants will be more than happy to assist with this, their contact number is: 0151 928 4629 and just mention us at Matrix.
Businesses benefit from North West Fund for Loans Plus
A number of established businesses have benefitted from loans from the £45 million North West Fund for Loans Plus managed by FW Capital. The fund is part of a £155 million North West Fund targeted at businesses having difficulty obtaining finance from traditional lenders.
Loan and mezzanine finance of between £50,000 and £750,000 is available for a range of purposes, including owner-occupier property purchases, asset/equipment purchases or working capital requirements.
FW Capital works with banks and other funders on a wide range of requirements and our flexible lending criteria means we can provide cash-flow loans for a variety of purposes.
To find out more contact Carol Bolland: