Our Funds

Start Up Loans

CWRT is the local delivery partner for Start Up Loans programme, a Government backed
national initiative aimed at ambitious people who want to start up their own businesses, businesses less than 2 years are also eligible to apply. Applicants don’t just get financial help but also get support from a business mentor.

What terms are applied?

  • Loans starting from £1,000
  • Typical loan terms of 1-5 years
  • A fixed interest rate of 6% with no arrangement fees
  • Pre-application support is available
  • No penalties for early repayment

Commercial Loans

Government funded business loans provied by the European Union, Coventry City Council and Warwickshire City Council.

What terms are applied?

  • Maximum of £75,000
  • Terms of up to five years
  • Low start and bullet start options
  • Fixed interest rates  between 9.25% and 18.25%
  • No early redemption penalty
  • Adminsration fee from 5% (can be added to the loan)

Enterprise Finance Guarantee

CWRT has been awarded EFG status by the Department for Business, Innovation and Skills. This is a real opportunity for local business to be able to borrow funds at an affordable rate of interest with the Government picking up some of the “risk” by providing a guarantee for some of the loan to the lender, the borrower remains 100% liable for the outstanding debt.

CWRT Lending

If a new business start-up or an existing business doesn’t fit into the criteria above, CWRT has its own recycled funds available to lend.

Inclusive Enterprise Program

This project is part funded by the European Regional Development Fund, forming part of the Coventry & Warwickshire Business Support Programme.

Interested in knowing more then Get in Touch