How can BCELF benefit my business?

If you have a great idea for starting or growing your business and cannot finance the whole project, then give us a call. Through a straightforward and supported application process, we can consider finance loans for start-up or business development projects. Our usual loan limit is £5,000, although in particular circumstances, applicants may be eligible to apply to our business development fund for up to £10,000.

Do I qualify for finance?

We can provide loans to businesses that are:

. Entrepreneurial with a viable business idea

. Based in the Black Country (Sandwell, Dudley , Wolverhampton , Walsall) or the Urban Living Pathfinder area

. From any sector or industry

. Starting-up or have plans to develop the business

. Sole traders, partnerships or Limited companies

. Working from home or with a registered business address

Does bad debt adversely affect an application?

We consider each application on its own merits. Therefore, if clients can demonstrate that they have dealt responsibly in clearing previous bad debts this will not adversely affect applications.