MSIF Small Firms Fund - More Info
The money you borrow can be used for all sorts of things such as working capital, marketing, machinery, equipment or new staff. We usually work on the basis of providing up to half the money your business needs to get started or grow.
For example if you need to borrow £50,000 and your bank can lend you £25,000 we can potentially provide the other £25,000 if you meet our investment criteria.
The investment we make needs to result in the creation or securing of jobs and we can't lend you money if you are in competition with an identical business on Merseyside.
Above all, you must be able to show that your business is 'commercially viable', i.e. that it will make enough profit to repay the loan. Our rates are competitive. If you keep to the terms of your loan, the interest rate is typically 8% net once the Interest Rebate Scheme is taken into account.
msif funds
liverpool seed fund
The Liverpool Seed Fund invests in ideas, concepts, intellectual Property, technology and innovations