Finance Wales are providing a more streamlined process for their micro loans of up to £10,000. Eligible Welsh small and medium sized businesses can apply for the micro loans from the Welsh Government’s Wales Micro Business loan fund. There is now a two day streamlined application process for Welsh businesses that have been trading for more than two years.
However there is also a micro loan fund for up to £50,000 if Welsh businesses have not been trading for two years.
Please go to: http://www.financewales.co.uk/thisistheyear/growing-a-business/micro-loans-under-%C2%A310,000.aspx for more information and where you can apply online via the website or email.
If you have any other business finance needs or require advice please contact 01656 867167.