NI Small Business Loan Fund
Summary:
Access to loans from £10,000 to £100,000 for small businesses in Northern Ireland
Eligibility criteria:
- Businesses applying must be substantially based in Northern Ireland.
- There must be an identified funding gap in a proposed investment whereby applicants have tried and been unable to raise all required funding from Banks/financial institutions.
- Applicants will need to clearly demonstrate their ability to service the loan repayments.
Additional information:
The Fund is part of Invest NI’s Access to Finance Strategy and delivered in partnership with Ulster Community Finance Ltd and Enterprise Northern Ireland Ltd (ENI).
- There is a maximum loan amount of £15,000 to start-up enterprises (businesses trading less than two years).
- Loans are provided on commercial terms with pricing reflective of the risk involved.
- Loans are typically unsecured, although personal guarantees may be sought.
Find out more about Access to Finance schemes.
Support organisation:
- Enterprise Northern Ireland
- Ulster Community Finance Ltd
- Invest Northern Ireland
Contact:
NI Small Business Loan Fund
Phone:
0800 988 2879
Email:
enquiry@nisblf.com
Find out more:
NI Small Business Loan Fund
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