Helping businesses in the South West

PESCA

Loans to support the development of small and medium sized enterprises with links to the fishing industry in Devon, Dorset, Cornwall and the Isles of Scilly. Applicants must be a limited company. Most start up or growth costs can be considered for instance, other than the purchase of fishing vessels.

Main Terms:

  • Loans between £10,000 – £20,000
  • Maximum 5 year term
  • 6% fixed interest rate
  • Arrangement fee of 2% of loan amount payable on draw down
  • Company debenture and personal guarantees required
  • Enterprise Finance Guarantee Scheme will be considered where appropriate

 

Are you eligible?

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