National Tooling Loan Fund - England

Loans to help toolmakers and component manufacturers fund the design, development, and manufacture of tooling.

• From: Department for Business and Trade
• Published: 20 March 2017

• Type of support: Finance, Loan and Expertise and advice
• Business stage: Established
• Industry: Manufacturing
• Number of employees: 0 to 9 employees, 10 to 249 employees, 250 to 500 employees and More than 500 employees
• Region: East Midlands, Eastern, London, North East and North West
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  South East, South West, West Midlands, and Yorkshire and the Humber

How much you can get

£50,000 to £2,000,000

How to apply

You’ll need to apply online and show that:

• you’ve had difficulty securing the required level of funding for the manufacture of tooling
• the final manufacture of your tooling and component will be located in England
• new jobs will be created and safeguarded by the toolmaker and component manufacturer
• a firm order for the tooling will be in place with payment due upon satisfactory completion of the tooling
• Evidence of 2 years trading track record and proven ability to complete similar projects previously.

Organiser

Frontier Development Capital, an appointed representative of Finance Birmingham Limited

on the Frontier Development Capital website

Published 20 March 2017