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BUSINESS LOANS

NWES Advance: General Rule

All loans are available to those who cannot access mainstream finance and evidence is required along with a 20% contribution from the client, however all enquiries will be dealt with on an individual basis.

NWES Advance

Start-Up Business Loan (available to Start-Up and those trading less than a year)

  • £1,000 to £5,000

  • Loan terms: up to 36 months

  • Interest Rate: 15%

  • Discounted Rate of 12% available to those completing a business planning course

  • 2% Arrangement Fee (min £50)

  • Business Plan required

  • Supporting documents required (please refer to NWES Advance Team for further details

Business Loan (available to both Start-Up and Existing Businesses)

  • £5,000 to £25,000

  • Loan terms: up to 60 months

  • Interest Rate: 12%

  • 2% Arrangement Fee

  • Business Plan required

  • Supporting documents required

Business Development Loan (available to existing business only)

  • £25,000 and over

  • Loan terms: up to 120 months

  • Interest Rate: 12%

  • 2% Arrangement Fee

  • Business Plan required

  • Supporting documents required

  • A site visit will be undertaken by NWES Advance to the business premises

For further information contact NWES Advance
Call: 0845 491 8735   Web: NWES Advance

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