Call us now on 0121 359 2444


The ART team - Martin Edmonds and Steve Walker (back row), Graham Donaldson and Barbara Seaton (middle row), Christine Allen-Lloyd and Andy King (front row)

ART saw total lending rise by 77% to over £3.1m in the year 2014/15.  This continues a significant trend that started in 2012 and demonstrates that there is an appetite among businesses across the West Midlands for borrowing and investing in the future.

ART is a Community Development Finance Institution (CDFI), which lends to businesses unable to meet any or all of their requirements from the banks.  In fact it often lends alongside the banks as part of a package of finance.  Its loan fund comes from a combination of public and private sector support including social investment from individuals and companies keen to see the local economy thrive, creating and protecting jobs.

“Packages of finance are becoming increasingly common, with a number of providers sharing the risk,” explains Steve Walker, Chief Executive of ART.  “We lend £10,000 to £150,000 with an average loan size of around £30,000.  Other lenders specialise in either larger or smaller loans and it makes sense for us to work together.”

In the past year ART has seen an upsurge in demand from established businesses wanting to achieve growth.

Looking forward to a busy year ahead, the experienced ART lending team, based at Innovation Birmingham Campus in Aston, is anticipating further growth.  “We sense optimism among businesses,” says Steve, “and we are here to support them in their plans.  We make a personal assessment of loan applications, offer advice and signpost to other lenders where appropriate.  Many of our borrowers take advantage of the opportunity to repay us early, with no penalty, and find that a loan from ART enables them to leverage further finance or refinance after a time.”

May 26, 2015 3:50 pm

Do I Qualify for a Loan?

Yes, if the following applies to you:

Apply Now