We lend to businesses and social enterprises when banks are unable to!
Our loans can be used for any business purpose, including asset purchase or working capital.
We lend up to £150,000, either as a single loan or as part of a ‘package’ alongside banks and other financiers. Finance packages are becoming increasingly common as the solution to a business’ financial needs. We are able to signpost you to independent Business Finance specialists for advice if required.
Our application process is straightforward. What you will need is a viable business plan and a realistic schedule for repaying the loan. See our Resources page for further guidance on making successful applications for business loans, or give us a call.
Many of our borrowers come back to us over the years for further loans and some take advantage of being able to repay loans early with no penalty.
For some loans ART is able to utilise the Governments Enterprise Finance Guarantee (EFG) Scheme.
The British Business Bank’s Enterprise Finance Guarantee (EFG) Scheme facilitates lending to smaller businesses that are viable but unable to obtain finance from their lender due to having insufficient security to meet the lender’s normal requirements.
“I was at rock bottom when ART felt it was worth lending me the money to start Booom TV - with their help I could breathe again.” Raja Khan, Booom TV
“In spite of having a good financial record, we did not fit the criteria for the banks. ART is less restrictive in its lending assessments and very fair.” Keith Noronha, Reynolds Technology
“We’re grateful for the existence of CDFI’s such as ART. In today’s economic environment UK business more than ever need financiers with vision, who are prepared to take a calculated risk and support an entrepreneurial approach.” Jules Morgan, KPM Marine
