In the heart of South Yorkshire, amidst the rolling hills and storied pastures, lies Barnsley—a town with a rich industrial legacy. Once a powerhouse of coal mining and steel production, Barnsley now stands at the forefront of a remarkable transformation. This historic town is embracing change with vigour, leading the way in reshaping the economic landscape of South Yorkshire. As old industries fade into memory, new opportunities emerge, injecting fresh vitality into Barnsley's economy.
Starting your own business in Barnsley 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 Barnsley's businesses access the finance they need to grow and flourish.
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.
You can use a business loan to support a wide range of business activities:
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:
Of course, you might have some questions. Here are some of the most common ones we get about Start Up Loans. If you have more questions, feel free to get in touch with us.
A Start Up Loan is here to help your Barnsley-based start-up grow, but we get that every business is different. You can generally use the loan for things like day-to-day costs, premises, equipment, stock, marketing, bringing on new team members, or other ways to build your business. Still, we suggest explaining how you plan to use the money in your application, so it matches up with what the loan is meant for.
Usually, you'll need to show us your Business Plan, Cash Flow Forecast, Personal Survival Budget, and Personal Bank Statements from the last three months. Don't worry, one of our friendly Investment Managers will let you know if we need anything else from you.
We look at every application carefully, considering more than just your credit history. Even if your credit isn't perfect, it doesn't mean you're out of the running. We suggest talking with an Investment Manager about your particular case to figure out the best way to move forward.