The Birmingham Small Business Loan Fund is supported by Birmingham City Council, peer to peer lender Thin Cats and Unity Trust Bank.
It has a total of £1m per annum to lend for three years – from 2017 to 2020. The fund offers:
- Loans of £10,000 to £100,000 for any business purpose, including to support cashflow
- Repayment terms from six months to four years with no penalty for early repayment
- Responsible interest rates.