Harry James Riddleston Charity of Leicester
Product Description:
The Charity can lend up to £10,000 to start or expand their own business, or for vocational or educational advancement.
Loans are interest free for between 5 and 10 years.
Area of Expertise:
Business Loans up to £10,000
Leicestershire & Rutland
Eligibility:
Over 18 and under 45 years of age
Looking to start a business or have run one for up to three years; trading in Leicester, Leicestershire and Rutland
Going to base or be running the business in Leicestershire or Rutland
You will need 2 guarantors for a loan of up to £8,000 and 3 guarantors for a loan of between £8,001 and £10,000.
Have business assets of less than £25,000
able to personally demonstrate that the business has the potential to succeed
Able to demonstrate that you have a real need for the loan and that the project would not proceed without assistance from the charity; meaning that you are able to demonstrate insufficient personal funds or credit status to secure the funds required from elsewhere.
Districts:
- Leicester City
- Blaby
- Charnwood
- Oadby and Wigston
- Melton
- Harborough
- Northwest Leicestershire
- Bosworth and Hinckley