Small Business Loan Scheme

This scheme provides gap funding through interest free loans repayable over three years, up to a maximum of £5,000, to encourage the creation and growth of small and medium-sized businesses.

The loans available form part of a gap funding package, and companies that apply must have a business plan with a clearly defined market, competitor analysis, a plan of how the company will capture market share, as well as financial projections. The retail sector (and others where there is likely to be high displacement of other local businesses) are not eligible for loan funding

For further information please contact:

Will Nisbet, Business Development Team Leader, Inverclyde Council, Regeneration & Planning, Municipal Buildings, Clyde Square, Grenock PA15 1LY

will.nisbet@inverclyde.gov.uk

01475 715555