3b is a recognised Community Development Financial Institution (CDFI) providing finance and access to business support for enterprises within disadvantaged communities. The 3b Loan Fund is available for start-up and existing businesses with quantifiable growth potential.
These funds can be used to lever additional investment from other Sources and can be utilised for legitimate capital expenditure purposes.
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Loans available for start-ups to a maximum of £10,000 and existing businesses to a maximum of £25,000. |
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Interest of 6% above Bank of England Base Rate and fixed throughout the duration of the agreed loan period |
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Repayments made over a period of 3-5 years |
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On-going Financial Advisory Service |
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Financial advice and support is also offered on other grant/ loans available. | |