Go Wansbeck Schemes – Flexible Funding
The Wansbeck Flexible Fund provides grant and loan funding for both start ups and existing businesses.
For start-up businesses, trading for less than 3 months, grants of up to £3,000 are available (to cover up to 50% of eligible expenditure) and loans of up to £6,000 may also be provided with an interest rate of 10% (APR).
Established businesses can apply for development grants of up to £10,000 (to cover up to 50% of eligible expenditure). The development must ensure a significant increase in the performance of the business leading to the creation of additional jobs. Business loans are also available for established businesses up to a maximum of £15,000, again with an interest rate of 10% (APR).
For more information about the Wansbeck Flexible Fund please call the Go Wansbeck Business Support Office on 01670 844560.
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