Dedicated to helping businesses across the country to succeed and grow, the BE Group have recently entered into a collaborative partnership with Rivers Loan (a trading name of Rivers Capital Partners) to rejuvenate the North East’s small businesses helping emerging and existing entrepreneurs to thrive in the region.
Managers of the £6.5m North East Microloan Fund, Rivers are proud supporters of the region’s start-ups and small businesses, complementing the comprehensive portfolio of business services the BE Group offers across the UK. Both companies are committed to promoting accessible and available finance to ambitious businesses.
The Microloan Fund provides straightforward loans anywhere between £1,000 -£25,000 with the potential in exceptional cases to go to £50,000. The Fund is ideal for individuals with a poor credit history who know that a lack of finance is the missing link that is holding their business back.
Aimed specifically at businesses struggling to secure mainstream finance, the decision to provide a loan is not based on the company’s assets but rather on the overall quality of the business. Rivers know that the ‘next big thing’ can have the smallest beginnings. A loan Fund for entrepreneurs, delivered by entrepreneurs, Rivers are now transferring their own experience in founding and growing businesses. Providing a speedy, hassle free application process they're here to help you achieve your aspirations, guided by professionals every step of the way.
Playing a key part in supporting and growing the region’s small businesses, the BE Group are delighted to work closely with Rivers Loan on this new initiative. Chief Executive, Alastair MacColl, said ‘Following our involvement with funds such as Growth Vouchers and the Let’s Grow grant scheme, working with Rivers Loan on the North East Microloan Fund will allow us to provide access for even more businesses to quality affordable funding.
Jonathan Gold, Managing Director at Rivers Capital Partners, added, ‘The North East Microloan Fund is recognised as offering microloans to fund big ideas. It provides simple, affordable loans to small businesses in the region looking for help to take their business to the next level. If you're a confident inspired business, there has never been a better time to access finance to grow your business.’
For further information and to apply for a loan under the North East Microloan Fund scheme, visit www.riversloan.com, call 01642 903 902 (Middlesbrough) or 0191 230 6370 (Newcastle) or email [email protected]