Loans

The information provided below gives a summary of the major loan schemes available to companies in North East England. Click on one of the headings below to be directed to more comprehensive scheme details.

Business Investors Group (BiG) - North East Business Angels
Size: £10,000 - £1 million
Target: SMEs - start-up, development, mature, MBO, MBI, turnaround

CapitaliSE/North East Social Enterprise Partnership (NESEP)
Size: £15,000 - £100,000
Target: Social enterprises

Carbon Trust
Size: £5,000 - £100,000
Target: SMEs investing in energy saving projects

Coalfields Enterprise Fund
Size: £40,000 - £500,000
Target: SMEs - start-up, early stage expansion, MBO, MBI

Community Loan Fund
Size: £15,000 - £100,000
Target: Economically viable non-profit making organisations

Environmental Micro Loan Fund
Size: Up to £15,000
Target: SMEs - start-up or expansion in the environmental sector

Nel Growth Fund
Size: £50,000 - £500,000
Target: Early stage, high growth, knowledge based SMEs or SMEs requiring expansion capital

North East Investment Fund Three/Evolve
Size: £15,000 - £500,000
Target: SMEs - start-up, expansion, MBO, MBI

North East Proof of Concept Fund (NEPOC)
Size: £10,000 - £60,000
Target: SMEs or potential spin out projects from the North East research base

Prime
Size: Up to £5,000
Target: Unemplyed people over 50 who would like to start a business

Prince's Trust
Size: Up to £4,000
Target: Unemployed people between 18 and 30

Project North East (PNE)
Size: Up to £5,000
Target: SMEs - start-up

Regional Micro Loan Fund
Size: Up to £15,000
Target: start-up or expansion

SENET
Size: £500 - £15,000
Target: Pre-starts, businesses or social enterprises trading for not more than 3 years

Spirit of Enterprise Loan Fund
Size: £1,000 - £5,000
Target: Disabled people who wish to set up businesses

Street North East
Size: £500 - £10,000
Target: Self employed, micro businesses and business purchases

The Falchion Fund
Size: £3,000 - £10,000
Target: SMEs - start-up, development and expansion

The Five Lamps Organisation
Size: £500 - £5,000
Target: SMEs, social enterprises and individuals

UK Steel Enterprise
Size: £15,000 - £400,000
Target: SMEs - start-up or expansion