Search site
»

Loan Funding

There are several sources of loans, asides from high street banks, available to businesses in New Forest District. As with all loans though make sure you borrow from a reputable party and are aware of the interest and repayment schedule before signing.

Please note: Links contained on the New Forest District Council website lead to other websites which are not under our control; we are not responsible for the content of any linked site.

Links provided by New Forest District Council are provided to you only as a convenience and the inclusion of any link does not imply reliability and endorsement by us;  NFDC accept no liability in respect of the content.

Start-up Loans Company

A Start Up Loan is a government-backed personal loan available to individuals looking to start or grow a business.

Start-up Loans Company operates in conjunction with a nationwide network of delivery partners such as Virgin StartUp, Prince's Trust, BizBritain etc.

For more information on eligibility and how to apply click here

UK Export Finance (UKEF)

The UK government's credit agency, UK Export Finance provides a range of services to companies in the UK.

These include helping businesses win export contracts by providing attractive financing terms to their buyers, fulfil orders by supporting working capital loans, and get paid by insuring against buyer default

As part of UKEF is the South East International Business Growth (SEIBG) Programme, which offers SMEs 12 hours of free coaching and development from a specialist trade advisor and partially funded overseas activities.

For more information on eligibility and how to apply click here

UK Business Angels Association (UKBAA)

The UKBAA offers equity finance to start-ups and early-stage businesses seeking to grow.

The typical level of investment is between £10,000 to £500,000, although this can be higher if the project shows high growth potential and investors are willing.

Angel investors seek to have a return on their investment over a period of 3-8 years, and cannot take more than 30% equity in your business.

For more information on eligibility and how to apply click here

Funding Circle

Funding Circle offers established businesses of all sizes the opportunity to borrow between £5,000 to £350,000.

Features include an ability to borrow over 6 months to 5 years, interest rates from 4.9%, no early repayment fees, and that a decision is typically received within 24 hours.

British Business Bank lends £80m to businesses through Funding Circle, alongside thousands of people and other investors.

For more information on eligibility and how to apply click here

Updated: 7 Feb 2020
Powered by GOSS iCM