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As one the UK's most active supporters of small businesses, Newable is a leading provider of services, products and investment in business accommodation, finance for business, enterprise development and consultancy services.

Newable support individuals, organisations and businesses through one-to-one advice and training workshops to develop their skills, develop their capacity, and to successfully enter self-employment. 

 

Croydon businesses which have traded for over 12 months can access:

  • Loans of £2,001 - £25,000
  • Up to three years to repay the loan
  • Interest rates at 5.04% pa (effective from 1st January 2016), fixed for duration of loan.

Priority will be given to applications which are likely to create jobs for local

 

To be eligible for a loan your business must:

  • Be located in, or be relocating to, the London borough of Croydon.
  • Be able to provide 6 months business bank statements.
  • Have been unsuccessful in obtaining finance from conventional commercial sources.
  • Be using the loan to further the purpose of the business and not to directly or indirectly finance the personal expenses of its owners, nor should it refinance or repay existing business borrowing or debts.

Applicants must:

  • Be aged 18 or over.
  • Be permanent residents of the UK or have indefinite leave to remain in the UK.

Croydon businesses which have traded for over 12 months can access:

  • Loans of £2,001 - £25,000
  • Up to three years to repay the loan
  • Interest rates at 5.04% pa (effective from 1st January 2016), fixed for duration of loan.

Priority will be given to applications which are likely to create jobs for local people.

 

Croydon businesses which have traded for lessthan 12 months can access:

  • Loans of up to £5,000
  • Up to three years to repay the loan
  • Interest rates at 5.04% pa (effective from 1st January 2016), fixed for duration of loan
  • Interest only repayments for the first six months

To be eligible for a loan your business must:

  • Be located in, or be relocating to, the London borough of Croydon.
  • Be able to provide 6 months business bank statements.
  • Have been unsuccessful in obtaining finance from conventional commercial sources.
  • Be using the loan to further the purpose of the business and not to directly or indirectly finance the personal expenses of its owners, nor should it refinance or repay existing business borrowing or debts.

Applicants must:

  • Be aged 18 or over.
  • Be permanent residents of the UK or have indefinite leave to remain in the UK

 

10-12 Queen Elizabeth Street

London

SE1 2JE

020 7403 0300

further support please call the growth hub team on 01293 305965

Malcolm Brabon

Head of Services

Andrew Kerry-Bedell

Growth Champion

Lou Williams

Growth Manager

Matthew Heath

Growth Grant Project Manager

Ryan Davies

Account Manager Team Leader

Luke West

Business Growth Executive

Richard Butcher

Growth Champion

Coast to Capital

This site is operated by Coast to Capital Local Enterprise Partnership. © Coast to Capital LEP 2013-20.

Information is provided on this website in good faith. However neither Coast to Capital Local Enterprise Partnership nor any associated organisation or individual provide any warranty or accept any liability for information provided.

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