Small Business Loans Rotherham

Flexible finance for businesses in Rotherham

In the heart of South Yorkshire, where the echoes of coal mining and railway engineering once resounded, Rotherham stands as a testament to resilience and reinvention. Formerly a bustling hub of industry, today it emerges as a beacon of transformation. This historic town, blending its rich heritage with contemporary ambition, embarks on a journey of renewal.

Starting your own business in Rotherham is exciting, but finding the money to get started can be tough. That's where Business Enterprise Fund (BEF) come in. Our loans are all about helping Rotherham's businesses access the finance they need to grow and flourish.

What business loans are available?

We provide flexible finance to support different business needs and stages:

• Start Up Loans (up to £25k): Kickstart your start-up business.
• NPIF II Smaller Loans (£25k-100k): For growth and development projects.
• Small Business Loans (up to £250k): For growing businesses.
  

So, no matter your sector, the size of your business or how long you’ve been trading, we have a loan that can be tailored to fit your needs.

How can my Rotherhambusiness benefit from a BEF loan?

You can use a business loan to support a wide range of business activities:

• Start-up costs: Got a new business idea? Use the loan for starting out costs like getting licenses, permits, and buying your initial gear.
• Property stuff: Whether you’re buying a new place for your business, fixing up your current one, or giving it a makeover, there’s cash for that.
• Inventory: Need stuff to sell or materials to make your products? The loan can help buy all that.
• Working capital: This is for the everyday money needs like paying your team, covering bills, and other regular costs.
• Equipment and technology: If you need new machines, tools, or the latest tech to help your business grow, you can use the loan for that.
• Marketing and advertising: Get the word out about your business and attract more customers with some marketing and ads.
• Scaling up: Ready to make your business bigger or go into new areas? There’s money to support that move.

Why choose BEF?

We have built our loans to fit your business needs, and to tackle the unique problems you might face in the area. See how our different approach can your business take off:

• Fair rates for Rotherham: Our interest rates are set to match what's going on in Rotherham, making it easier for businesses to grow without getting weighed down by costs.
• Local help from local experts: We have people from the area who know all about the local business environment. They tailor our services to give you spot-on advice and solutions.
• Fast loan approval: We get your loan sorted quickly so you can jump on opportunities or sort out problems without delay.
• We get Rotherham: Our loans are built to tackle the challenges businesses face right here, offering real help that makes a difference to local businesses and communities.

How do I get started?

1. Complete our online enquiry form. It takes a minute to complete.
2. A member of our Investment Team will get back to you within two working days. They'll guide you on your next steps, including how to complete a full application.