We believe it is important to fill the funding gap for those businesses and entrepreneurs who are unable to draw on the main sources of finance for one reason or another. If no one is prepared to take a risk with those businesses who present a marginal proposition to banks or who may lack the security required, then we lose the potential and diversity that creative and talented individuals and businesses bring to the region.
Enterprise Answers is Cumbria’s only Community Development Finance Institution (CDFI) and the only rural CDFI in the north of England. We are a sustainable, independent organisation providing financial services across the region with the aim of creating social improvement and business development returns.
Whether you’re thinking of starting your own business, looking to expand or develop an existing business, our loans are designed to help you achieve your entrepreneurial goal. Business loans can provide an alternative source of finance for both start-up and established businesses across the areas we cover who are unable, for one reason or another, to secure all or part of their funding requirements from banks or other mainstream lenders. Ranging from £10,000 to £200,000,* our business loans can be used for a variety of purposes including additional working capital, equipment, assets including business premises, gap funding for growth & development and as part of a syndicated package with other lenders or grant funders.
We fund businesses for between £10,000 and £200,000
We offer a speedy underwriting process and release of funds