Do BEF lend to businesses in Scotland?
If your business is based in Scotland, you may be wondering whether BEF can provide the finance you need.
BEF provides finance to small and medium-sized businesses, but the finance available depends on where your business is based and the type of funding you need.
Here's what you need to know if you're looking for funding in Scotland.
Published: 18 February 2025 ยท Updated: 18 August 2026
Can BEF provide finance to businesses in Scotland?
There are two types of finance to consider:
Start Up Loans
Yes. BEF can deliver Start Up Loans to eligible businesses in Scotland.
If you're starting a business or have been trading for less than three years, a Start Up Loan could provide the finance you need to get started or grow.
Momentum Loans
No. BEF does not currently provide Momentum Loans to businesses in Scotland.
Momentum Loans are available to eligible businesses in BEF's lending areas across the North of England.
If you're an established business in Scotland looking for finance, you'll need to explore other lending options.
What if you're looking for finance in Scotland?
If you're based in Scotland and need funding for an established business, there are other responsible finance providers and funding options available.
You can use the British Business Bank's finance tools to explore options that may be available to your business.