Small business loans newcastle
Flexible finance for businesses in Newcastle.
A vibrant city of industrial heritage
Newcastle, a vibrant city known for its rich industrial heritage, has evolved into a dynamic hub for business and innovation. Once famed for its coal mining and shipbuilding, Newcastle has successfully transitioned into diverse sectors such as digital technology, renewable energy, and life sciences, reflecting its adaptability and forward-thinking mindset.
Starting your own business in Newcastle is exciting, but finding the money to get started can be tough. That's where Business Enterprise Fund (BEF) come in. Our loans are all about helping Newcastle's businesses access the finance they need to grow and flourish.
What business loans are available
Kickstart your start-up business.
- A 6% fixed interest rate
- Flexible repayment 1 to 5 years
- Up to 4 partners or directors
- No arrangement fees
- No early repayment fees
For growth and development projects.
- Drives sustainable economic growth
- Provides diverse finance options
- Covers all regions in the North
- Supports businesses in Yorkshire and Humber
For growing businesses.
- Competitive interest rates
- Flexible repayment 1 to 5 years
- Get funds within 2-3 weeks
- Minimal setup fees
- Minimal early repayment fees
We provide flexible finance to support different business needs and stages. So, no matter your sector, the size of your business or how long you’ve been trading, we have a loan that can be tailored to fit your needs.
How can my Newcastle business benefit from a BEF loan
Got a new business idea? Use the loan for starting out costs like getting licenses, permits, and buying your initial gear. Ready to make your business bigger or go into new areas? There’s money to support that move.
Whether you’re buying a new place for your business, fixing up your current one, or giving it a makeover, there’s cash for that.
Need stuff to sell or materials to make your products? The loan can help buy all that.
This is for the everyday money needs like paying your team, covering bills, and other regular costs.
If you need new machines, tools, or the latest tech to help your business grow, you can use the loan for that.
Get the word out about your business and attract more customers with some marketing and ads.
You can use a business loan to support a wide range of business activities.
What our clients say
Our clients tell the story best, see how BEF helped them.
“I have dealt with Doug Heseltine for 7 years now and would like to say that this business would not be at the stage it is without his help and the help of BEF hopefully the business will continue to grow so credit is due to you.”
Paul Minnikin
The Great North Eastern Brewing“They clearly understood our vision and the entire process was straightforward, taking the stress out of launching a brand new business.”
Jeff Ben Mayor
Why choose BEF
Fair rates for Newcastle
Our interest rates are set to match what's going on in the North East, making it easier for businesses to grow without getting weighed down by costs.
Local help from local experts
We have people from the area who know all about the local business environment. They tailor our services to give you spot-on advice and solutions.
Fast loan approval
We get your loan sorted quickly so you can jump on opportunities or sort out problems without delay.
We get Newcastle
Our loans are built to tackle the challenges businesses face right here, offering real help that makes a difference to local businesses and communities.
We have built our loans to fit your business needs, and to tackle the unique problems you might face in the area. See how our different approach can your business take off.
EnquireHow do i get started
Complete our online enquiry form. It takes just a minute.
This action sends your information directly to our investment team, who will begin reviewing your request.
A member of our investment team will get back to you within two working days.
They'll guide you on your next steps, including how to complete a full application.
Frequently asked questions
Of course, you might have some questions. Here are some of the most common ones we get about Start Up Loans.