What is the loan available for?
The MEIF Debt fund is one of four funds managed under the Midlands Engine Investment Fund (MEIF) delivered by the British Business Bank aimed at supporting SMEs, across the Midlands Engine area, with growth potential that are unable to secure all or part of the funding that they require from commercial sources.
The application and assessment process involves a number of stages: introduction to deal; business plan; Maven analysis; offer letter and due diligence; Maven Investment Committee; legal process and completion.
The loans are designed for grow and sustain businesses including; managing the business, business growth and expansion including specialist support for businesses with high growth potential, investigating in plant, machinery or property, performance improvement and best practice, improving information management and also making the most of the internet/new technology.
How to apply?
To find out more please click here.
Contact information:
Richard Altoft
Address
St Nicholas Court, 25-27 Castle Gate, Nottingham, NG1 7AR
0115 697 6164
