Need finance for your business and the banks arent lending?
The Enterprise Northern Ireland Loan Fund (ENI Loan Fund) provides loans to individuals both looking to start, or already running, their own business, who can demonstrate a viable business proposal, but who are unable to access mainstream sources of finance.
Over the past year or so with their partners, ENI have led the way in helping small businesses deal with issues arising from the economic downturn.
The biggest single issue affecting small business owners in the past year has been the ability to access capital to fund the start-up and development of the business. Beating the credit crunch has not been easy, but ENI are confident that the measures they have initiated coupled with the advice they have been able to provide, is helping to support the small business community.
The Enterprise Northern Ireland Loan Fund
The ENI Loan Fund was originally established in early 2002 to make funding more accessible to those starting or operating a small business, whilst also providing advice on financial management and business related issues.
The ENI Loan Fund is administered by Enterprise Northern Ireland, who are licensed to operate under the Consumer Credit Act by the Office of Fair Trading.
Achievements to date
Since 2002, the ENI Loan Fund has:
– Loaned in excess of £6.2m to help over 1,150 businesses across Northern Ireland to either start up or expand
These figures will continue to increase month by month as the EN Loan Fund team continues to approve new loan applications.
For further information on the Loan Fund:
Telephone: (028) 7776 3555 (Option 2) or email loanfund@enterpriseni.com
A partnership of funders (Enterprise Northern Ireland, Invest Northern Ireland, The International Fund for Ireland and The European Union).
Source: enterpriseni.com
