Let’s Do Business Group share success news of their Start Up Loans programme, which welcomes its first two loan applications!
The Let’s Do Business (South East) Group Limited are a National Enterprise Network member, that includes Ten Sixty Six Enterprise and Capitalise Business Support Limited.
The loans come from Capitalise Business Support, a Community Development Finance Institution, established in 2004 to provide access to finance to people wanting to start a business, and help established businesses for people unable to access conventional bank support.
The scheme is designed to provide young individuals looking to launch a new business with the all-important finance and mentoring support and help turn their ideas into a successful business.
Let’s Do Business Group, official partner for the Start Up Loan Company has recently paid out its first loans, to two young entrepreneurs, one starting an online gift business and the other operating in the emergency first aid arena.
It’s thought that the competitively priced loans engage audiences and because they are repayable over periods of up to five years, they easily spark interest in applicants of the scheme aged 18 -24 years.
Let’s Do Business Group; Chief Executive, Graham Marley tells us, “It’s very encouraging to see a strong level of interest in this scheme from young people… While there are a few steps each applicant has to take before they can access funding.”
To find out more visit the Lets Do Business Website HERE