Loans to support the development of small and medium sized enterprises in Cornwall and the Isles of Scilly. Applicants must be a limited company and have the potential to grow and create jobs.
- Loans between £25,000 and £100,000
- Maximum 5 year term
- 8-10% fixed interest
- Arrangement fee of 3% payable on draw down
- Company debentures and unsupported personal guarantees
- Enterprise Finance Guarantee Scheme will be considered where appropriate