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0% Funding Loan Kent and Medway based businesses

Excellent news for Kent and Medway based businesses…

Kent and Medway business fund is now accepting applications for 0% loans between £25K – £99K from small and medium sized business start-ups to help develop new and expand existing products, services or processes which in turn can create jobs, drive growth and improve productivity. 

Could be this expenditure will quality for generous R&D tax credits too!!!.

Key eligibility requirements

Your business must be able to prove a good profitable track record

Be creating or protecting sustainable jobs

Must not be subject to collections or insolvency proceedings.

Any funding must be 20-30% match funded via business reserves or bank loans.

Please note depending on assessed risk at the discretion of the council further personal security may be required.

Established businesses or those seeking a larger loan can apply for a KMBF Standard loan.

Finer details about both loans and how to apply can be found at

https://www.kent.gov.uk/business/business-loans-and-funding/small-business-boost-loan

Or speak to me to help assist you further.

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