Please note the Fund is now fully invested...

Microloan Fund Logo


The North East Microloan Fund was designed to support start-ups and small businesses looking for simple loans to expand their operations. Please note the Fund is now full invested but Rivers Capital does have other sources of capital.

Having trouble raising the cash you need from Banks?

The Fund works to help any eligible business but is specifically aimed at businesses that have been struggling to secure mainstream finance with the purpose of stimulating the creation of new business and securing jobs within the North East.

We believe that too many small businesses with big visions are denied loans by traditional lenders. A loan fund for entrepreneurs, delivered by entrepreneurs, we believe in the North East, which is why we manage a Fund that provides accessible and available finance to aspirational individuals.

The Fund is committed to providing straightforward loans anywhere between £1,000 and £25,000 with the potential in exceptional cases to go to £50,000.

Simple Loans

The Fund has a rapid but helpful application process so just contact us to access this lending.

Simply put:

  • £1,000 to £25,000  exceptionally up to £50,000
  • Just 2 weeks on average to receive a loan
  • 7% pa fixed interest rate on loans up to £5,000
  • 9% pa interest rate variable with UKRR (UK reference rate) on loans above £5,000
  • No arrangement fees on loans below £25,000
  • 3 year term
  • FREE training courses on managing your money for growth

 What we can do for you

The Microloan Fund differs from sources of mainstream finance by focusing upon the quality of your business model and the dedication of your team rather than the assets you hold.

Our experiences as entrepreneurs mean we do things differently.  Like you, we are interested in your success.

The Fund's approval process is based upon-

  • How confident you are that your business can make sales.
  • How well planned your forecasts are.
  • The dedication of your team to make the business work.

The Fund offers straightforward, supportive funding which promises a hassle free application process, a personal review of your application by one of our investment professionals, and FREE finance and business training.

General Information

The Finance for Business North East Microloan Fund is a £6.5 million fund designed to rejuvenate the region’s small businesses, supporting the creation and securement of jobs within the region.

This Fund is part of a £125m collaboration between the European Regional Development Fund and the European Investment Bank; the Micro loan Fund is one of a suite of funds established by North East Finance.

With the new North East Microloan Fund now open for applications there has never been a better time for small businesses to access finance to grow their business.

If you're a confident inspired business, looking for a loan to make your business a success, call our team today:  

Middlesbrough- 01642 903 902  

Newcastle- 0191 230 6370 


micro loans to fund big ideas