Loans
There are a variety of loans available to Hub clients, and we encourage members to research the following links which detail the most relevant loans available to Hub clients.
Finance South East Accelerator Fund
The Finance South East Accelerator Fund is a £10 million mezzanine loan fund providing an innovative source of finance for growth companies in the South East region. The fund offers to lend companies an initial £100,000 at any stage as long as they can demonstrate the potential for significant growth. A second loan of up to £100,000 can be made after 9 months.
Small Firms Loan Guarantee
This is run by Business link and supports small to medium-sized enterprise. Applicants may have a viable business plans that need funding, and for which a loan would be appropriate. However, you may be unable to obtain a conventional loan because you do not have assets to offer as security. The Small Firms Loan Guarantee (SFLG) helps to overcome this by providing lenders with a government guarantee against default in certain circumstances.
Capitalise Business Support
This is a loan scheme provided as a Community Development Finance Initiative (CDFI). A CDFI is an organisation created to tackle financial exclusion and encourage entrepreneurship by making finance available to people who cannot access loans or credit from banks or building societies. The scheme is aimed at helping micro, small and medium enterprises and social enterprises in order to achieve positive social change and to bring wealth to disadvantaged communities.