Your all-in-one free business support hub
Foundation East offer loans of up to £100,000 to businesses with a viable business idea who need funding and some advice to make their entrepreneurial dream come true, get more equipment to grow their company, need some working capital to help with cash flow or to take on an apprentice to expand their services.
Their business loan customers are sole traders, limited companies, social enterprises and voluntary organisations. The legal form of your business is not a deciding factor in our process of reviewing applications.By contrast, the qualities and skills of person behind the business is crucial.
Unfortunately, there are many people with good business ideas or established businesses who are unable to access finance from mainstream banks. The reasons why may include a lack of a trading history, a lack of assets to use as security, an insufficiently strong credit rating or even the business sector in which they trade.
Whilst sector issues, lack of security, insufficient trading history and a low credit score may be enough to prevent the high street bank from considering your proposition, Foundation East won’t. They know that most businesses will face obstacles at some point in their journey and will help you to overcome these hurdles and enable you to continue to develop and grow your enterprise.
You can visit the Foundation East website here to complete their quick and easy eligibility checker to see if you might be able to apply for a loan.
Loans of up to £100,000
Loans for start-up and existing businesses
Fund over 150 businesses a year