Is your business based in Central, North or West Lancashire? Are you looking for a business loan, but the banks can’t help?
If you need to increase your working capital to allow you to expand your business or create new jobs; if you need extra finance to help purchase new machinery or equipment, or to develop and refurbish your premises, Lancashire Community Finance may be able to help.
With an affordable Business Loan from Lancashire Community Finance you can borrow from £400 to £25,000. Loans are available over periods between 6 months and 5 years, and are repaid weekly or monthly by direct debit from your bank account.
As well as looking at your personal financial circumstances, our decision to provide you with a Business Loan will be based on your business plan, financial forecasts and financial accounts. These supporting documents will be required at the outset to enable your application to be processed.
Do you have a business in the New Hall Lane shopping area between Acregate and Heaton Street?
If so, you may be interested to know that we are working with the Friends of Fishwick & St Matthews to provide interest free loans of £500 – £5,000 repayable over terms of between 6 – 36 months to help you make repairs or replace any part of your shopfront, including windows, doors, security and signage. Ring us on 01772 556877 for more details.
If you are looking for a loan to help you set up a new business in Lancashire, or to grow a business less than 24 months old, you might be interested to know that we also deliver the Government backed Start Up Loan scheme. For information about how to apply, see Start Up Loans.
What it will cost
Interest rates available on request. There are no hidden fees. We don’t charge for arranging the loan and there are no penalties if you want to repay the loan earlier than originally planned.