Can the Council fund your business?
The economic recovery following COVID-19 requires local authorities to dig deep and support their local businesses as best they can. One of the ways Forest of Dean District Council are doing this, is by making funding available to their local businesses over the short and medium term, working with FOLK2FOLK to deliver the loans. If you’re a Forest of Dean based business and you’re looking for funding from £50,000 to start, grow, develop or diversify your business, you could be eligible for an interest-only business loan funded by your Council.
Overview:
- Business loans from £50,000
- Borrow from 6 months - 5 years
- Rates typically 0.54% p.m.
- Interest-only loans
- Loans must be secured against land or property
Applications are via FOLK2FOLK. For details about the loans, visit www.folk2folk.com or email enquiries@folk2folk.com.
(Note: Non-Council funded loans are also available for eligible businesses throughout Gloucestershire.)