Let’s Do Business Finance

Let’s Do Business Finance can be your finance partner.

LDBF is a Community Development Finance Institution – a not for profit organisation which is part of the Let’s Do Business Group.

LDBF is FCA Regulated and accredited by the British Business Bank to deliver both the Start Up Loan Scheme and Growth Guarantee Scheme.

How we can help your organisation:

1. Supporting clients applying for the Start Up Loan Scheme. LDBF can act as the point of contact for any Start Up Loan enquiries. We will carefully look after any clients that you refer, helping them through the application journey. Unfortunately we are not able to pay for referrals, however we will keep you advised of successes which might help you with claiming outputs for your projects (every little helps!). Start up Loans are a personal loan of up to £25,000 for businesses up to 5 years old.
2. For businesses over 2 years old we can offer loans through the Growth Guarantee Scheme up to £250k. Typically these will be for businesses that are unable to access conventional bank finance. Our typical applicant might have an immediate cashflow need, but also be looking for investment… but we are happy to have an initial discussion with anyone. Interest rates are higher that the Start Up Loan (c.12% above base) plus an arrangement fee of 4% – if you introduce a client to us and a loan is drawn down you will be paid a 1% fee.
3. Sometimes projects you are delivering might need some specialist finance support – we are happy to discuss this on a case by case basis.
4. We can run ‘Access to Finance’ webinars helping SME’s understand what finance options are available to them, and what will be needed to support an application.

For more information on these schemes, or an initial discussion please contact: sean.dennis@ldbgroup.co.uk