Financial Business Loans

South West Loans Fund 

The South West Loans Fund is designed to support viable growth businesses in South West England that have been unable to secure finance from conventional sources. The fund will provide loans of up to £250,000 on fully commercial terms.

 

The £10million fund has been established jointly by the South West of the England Regional Development Agency, the Cornwall and the Isles of Scilly Convergence Operational Programme ERDF.

 

The Fund offers two loan products:

·          Finance for Business for loans of up to £250,000

·          Small Loans for Business for loans of up to £50,000

 

For further information please click here. 

 

 

 

Finance in Cornwall

 

Finance Cornwall was an active investor of both loans and venture capital into Cornish businesses. The fund is now managed by Ascendant Ventures.  For information regarding the services offered by Ascendant Ventures please contact them on 01872 272288 or visit their website.

 

How to apply


Full applications can sometimes be quite time consuming. To cut down the risk of wasted time and ensure the maximum chance of success we recommend that you put together a one page summary which briefly covers the following: company history, company structure, proposed project expenditure, current financial situation and plans/forecasts for the future including employment and growth. Please send it via email to info@cornwallpurebusiness.co.uk with ''Funding Application Summary' in the subject header.


We can then liaise with the funding bodies on your behalf to establish the next step.

 

Supported by Objective One and Cornwall Council InvestinCornwall is a service of Cornwall Development Company
Registered Office: Pydar House, Pydar Street, Truro, TR1 1EA
Registered in England and Wales no: 3668828 www.cornwalldevelopmentcompany.co.uk