The East of England Development Agency (EEDA) has recently launched a new £5m regional loan fund.
EEDA’s regional growth loan is aimed at supporting and financing the development of new and existing innovative businesses in the East of England which have the potential of long term growth.
Loans of between £50k and £200k are available to SMEs and have a minimum loan term of 2 years.The loans are designed to service a long term investment need.
Provided your business is within the EEDA region, has a minimum turnover of £500K, has growth potential and a long term investment need, you could be eligible for the loan.
The loan fund is managed on behalf of EEDA by Finance East Loan Management Ltd and further details of the scheme can be found at www.eeda.org.uk/finance.
Alternatively, for application details, please contact Kevan Jones on 01276 608 523 or e-mail: firstname.lastname@example.org.