Company info

North City Business Centre

2 Duncairn Gardens, Belfast Antrim BT15 2GG UK

+44(0)2890747470

E  info@north-city.co.uk

W  www.north-city.co.uk 



+44(0)2890747470

Workspace, Business Start Up & Business Development Solutions 

Free Support

Copyright © North City Business Centre 
ALL RIGHTS RESERVED
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​North City Business Centre

 

Enterprise NI Start Up Loans


A partnership of funders (Enterprise Northern Ireland, Invest Northern Ireland, The International Fund for Ireland and The European Union) has been established to provide individuals with access to the capital needed in order to launch a new business or to expand an existing one.The fundamental aim of the Enterprise Northern Ireland Loan Fund is to make funding more accessible to those starting or operating a small business and in support of the loan, to provide advice on cash-flow and other business advice.


Are You Starting A Business?

Are you in the process of starting your business or have started a business within the last 12 months and need access to finance? Then an Enterprise Northern Ireland Start-Up Loan could be right for you.

The Loan

Our loans are unsercured personal loans for the purpose of starting a business.

Loans of up to £10,000 repayable between 1 and 5 years;
Interest rates are fixed at 6% (6.2% APR);
No arrangement fees or early settlement penalties;
Up to a maximum of 15 hours mentoring support in the 12 month period following disbursement of the loan;
Access to a range of exclusive offers from Corporate Partners such as Regus, eBay, PayPal and others;

Eligibility

All applicants must:

Be resident in the UK and over 18 years of age;
Not currently bankrupt of subject to an Individual Voluntary Arrangement;
Be able to demonstrate by means of a business plan and cash flow forecast a commercially viable business proposal;

All businesses must:

Be based in Northern Ireland;
Be legal, moral, non-discriminatory and must not undertake any activity which may offend public taste;

Credit Policy

Poor credit history including County Court Judgements will not prevent a loan from being granted but the assessment process willlook closely at the likelihood of repayment.

Application Process

You will need to complete an application form and send to Enterprise NI with your business plan and financial projections for 2 years.

 
To Request an Application Pack

Call 028 7776 3555