West of Scotland Loan Fund provides loan finance to new and existing businesses in the West of Scotland. The fund aims to help businesses that have a good, viable proposal but have difficulty in raising finance from normal commercial sources. Loans may be used for working capital, purchase of plant and equipment and/or purchase of business property.
Loans of up to £50,000 are available to businesses that have been operating for less than two years.
Loans of up to £100,000 are available to businesses that have been operating for more than three years.
Applicants must be able to demonstrate that at least 50% of the total funding package is being provided by the private sector.
For further information visit www.wslf.co.uk
North Lanarkshire based businesses should contact Robert Sharp on 01698 302198.
South Lanarkshire based businesses should contact Sandra Fagan on 01698 455131.