BCRS provides first loan to Stoke-on-Trent business

The recently launched business loan service set up in Stoke-on-Trent has provided its first loan to a business in the city.

The business loan service was set up by Stoke-on-Trent City Council and Black Country Reinvestment Society (BCRS) in June with an initial loan fund of £200,000 to provide loans of between £10,000 and £50,000 to Stoke-on-Trent businesses who are having problems getting the funding they need from traditional sources. Continue reading

Stoke-on-Trent Business Loan Fund launched by BCRS

A loan fund created exclusively to help Stoke-on-Trent businesses unable to obtain finance from banks has been officially launched  by Stoke-on-Trent City Council in conjunction with the Black Country Reinvestment Society (BCRS).

Initially, £200,000 is available for lending to companies who are having problems getting the funding they need from traditional sources.

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