Scottish Microfinance Fund: helping businesses grow
Phone: 0141 425 2930
The Scottish Microfinance Fund is a new £6 million microfinance fund whose aim is to make small loans more accessible to businesses throughout Scotland. The funding is part of a larger £40 million boost from the Scottish Government’s SME Holding Fund.
The Scottish Microfinance Fund (SMF) is a Scottish Government initiative supported by the European Regional Development Fund (ERDF), DSL Business Finance (DSL) and The Start-Up Loans Company (SULCo) and aims to provide improved access to finance with very competitive terms. The fund offers an interest rate of six per cent and no arrangement or early repayment fees.
For more information and details of how to apply, please visit DSL Business Finance.
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