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What is the loan available for?

The Future Fund will provide government loans to UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private investors.

These convertible loans may be a suitable option for businesses that typically rely on equity investment and are unable to access other government business support programmes because they are either pre-revenue or pre-profit.

The Future Fund was developed by the government and is being delivered by the British Business Bank.

 

Any eligibility criteria?

Your business is eligible if:

  • it is UK-incorporated. If your business is part of a corporate group, only the parent company is eligible
  • it has raised at least £250,000 in equity investment from third-party investors in the last 5 years
  • none of its shares are traded on a regulated market, multilateral trading facility or other listing venue
  • it was incorporated on or before 31 December 2019
  • at least one of the following is true:
    half or more employees are UK-based
    half or more revenues are from UK sales

What loan amounts are available?

The Future Fund will provide government loans to UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private investors.

Who provides the loan?

The Future Fund was developed by the government and is being delivered by the British Business Bank.

 

How to apply?

Please visit the British Business Bank website

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