Warwickshire Direct
Business grants, loans and finance
Small business loan scheme
We work in partnership with the Coventry & Warwickshire Re-investment Trust. This Community Development Finance Institution (CDFI) manages a loan fund available for a wide variety of applications and organizations throughout Coventry and Warwickshire.
The scheme is for sole traders, partnerships, limited companies, not for profit and other community based organisations who are based or operate mainly in Coventry & Warwickshire. The scheme is generally for businesses that have been unable to secure sufficient funds through other sources.
The loan is generally given to purchase or support:
- Premises (lease/rent deposits, adaptations to buildings, services, repairs)
- Machinery and equipment (new and used)
- Working capital
- Bridging finance
- Other business proposals on merit
- Can work with other financial institutions in 'packaging' a loan portfolio to suit your needs
If you have been declined financial assistance elsewhere, we want to talk to you.
Terms and conditions are discussed at the initial application stage.
To make an application we will need to discuss the individual merits of your business or organisations aims and objectives.
Contact with the Business Support Team for discussion about the scheme, your ideas and the documentation needed to support an application.
If you have any queries on the loan scheme, please contact us.
Other sources of funding
Business Link - Finance and Grants - Advice on a variety of subjects including borrowing, shares and equity, capital allowances, and grants and government support. Regional business support agency Business Link West Midlands has announced immediate changes to its grant subsidy funding due to budget cuts imposed on the Regional Development Agency Advantage West Midlands.
GRANTnet - A free service that can help small businesses, charitable and community groups to find suitable funding.
Rural business support - There are a variety of programmes that provide financial support to rural businesses in Warwickshire such as grants, loans, subsidised advice and training.
Coventry and Warwickshire Reinvestment Trust - A not for profit financial institution providing loan finance to organisations that can be seen to be improving the local economy.
Shell-LiveWire - Shell LiveWIRE is an initiative that supports young people (16-30) in starting a business. The scheme also runs a national competition for new business start-ups.
The Prince's Trust Business Programme - Helps people to explore and test their business ideas, write business plans and start their own businesses or achieve alternative goals in education, training or work.
The Prince's Trust Grants - They offer two different types of grant. Development Awards are grants to help you get into education, training or employment. Community Cash Awards are grants to help you set up a project that will benefit your community. Contact the Prince's Trust on 024 7665 0679 or freephone 0800 842842.
Department for Business, Innovation & Skills - The Department for Business, Innovation & Skills offer assistance to businesses.
Minerva - The University of Warwick Science Park introduces Business Angels and Venture Capital funds to Small & Medium Sized Enterprises that require capital to unlock their growth potential.
British Business Angels Association - For entrepreneurs and companies seeking funding and investors looking to invest in early-stage businesses.
westmidlandsfinance.com - Provides information and advice with regard to all of the Access to Finance initiatives available in the West Midlands. The site is aimed at both small businesses and business advisors across the region.
j4b.co.uk - Comprehensive grant information for the UK and Ireland, covering European, national government and lottery funding plus regional and local funding.
