Midlands Engine Investment Fund II – Debt Fund

Part of the Midlands Engine Investment Fund II, flexible loans to SMEs looking to grow and help drive their expansion plans across the Midlands Engine area.

From:
Department for Business and Trade and Department for Business, Energy & Industrial Strategy
Published
5 August 2020
Type of support:
Finance and Loan
Business stage:
Established
Industry:
Business and finance, Education, Health, IT, digital and creative and Life Sciences
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Manufacturing, Science and technology, Service industries, Transport and distribution, and Wholesale and retail
Number of employees:
10 to 249 employees
Region:
East Midlands and West Midlands

Who it’s for

SMEs trading business to business across the Midlands Engine area, who are looking to grow but unable to raise all the finance required.

Most sectors are eligible with a few exceptions, further details are available from the provider.

What you can get

Flexible loans of £100,000 up to £2,000,000.

Finance can be provided to support growth plans and include working capital, asset purchase, product development, taking on new staff and marketing initiatives.

The lender is not able to re-finance existing debt.

Find out more

Updates to this page

Published 5 August 2020
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