The Small Business Loan Fund will Support

 

What the Scheme will Fund


  • Plant and Machinery

  • Working Capital Provision

  • The loan fund can be utilized for both capital and revenue expenditure, except that spend on vehicles, property speculation & financial charges are ineligible

  • Specifically the expenditure should be clearly shown within the applicants financial projections.

 

Whether related to the business, premises or product, the project should be able to show how it will contribute jobs, capacity or new capabilities to the City economy. 

 

The City Councils contribution must not be greater than 50% of the total funding requirement.