Development funding may be needed if your business is looking to expand, invest in equipment, staff, stock, enter into new markets, export or to fund work in progress.
We can provide from £3,000 to in excess of £500,000, at rates of 10% to 15%. Most sectors can apply, although property is excluded.
We can invest alone, or can co-invest with other lenders or finance providers. There are no early repayment penalties if you find that you are able to settle your loan early.
We are the Community Development Finance Institution (CDFI) for Merseyside. As such, some of our loan funds are government funded schemes which provide finance to entrepreneurs and businesses that have struggled to get finance elsewhere, for reasons such as insufficient track record or poor credit ratings.
To find out more about CDFIs visit www.responsiblefinance.org.uk
How To Apply
If you are looking for funding development funding of up to £100,000 please call Sue Chambers on 0151 242 6357 or Andy Jones on 0151 242 6346. If you are looking for development funding over £100,000 please call Paul Humphray on 0151 242 6351.