Impetus Business LoansFor businesses over 2 years old
If you’d like to take your existing West Midlands business to the next level (or perhaps set up something alongside an existing business) then Impetus business loans are here to help.
We can even help if you have a poor credit rating or the high street lenders have said no.
Supporting all sectors
Up to £50k is available and recent recipients include a bespoke furniture maker, a manufacturer of robotic systems, a gastro pub, a marketing agency, industrial cleaning services and IT services- so we can support pretty much any kind of organisation within our designated region.
Your monthly repayment fee will vary depending on your individual circumstances and how much you borrow (usually around 10% to 12% APR). Repayment terms are usually 12 months to five years.
To get started
Simply call our helpful and knowledgeable business finance team on 01386 556000.
You can also email email@example.com or fill in an online application form.
If you meet the following criteria you can apply for an Impetus business loan:
You’re a small to medium size commercial enterprise or a social enterprise
You’d like to borrow between £15,000 and £50,000
You run an existing business in the Impetus region
Herefordshire, Worcestershire, Shropshire and Telford & Wrekin
You’ve discovered that traditional lending support is unavailable or limited
You have a clear business plan
You’re 18 or over.
Provide your basic details
Fill in an initial online application form or simply give us a call
Submit your business plan
We’ll then gather some background information and ask to see your business plan and we’ll then arrange to meet you
We review your application
We’ll then give you an indication of whether we’re able to make a loan and if yes, we’ll agree how the finances will work
Your loan is credited
If both sides are happy, we’ll arrange the loan
“Our strong potential for expansion was held back by an issue that many business owners face – access to investment capital. The loan from Impetus had an immediate positive impact on our capability and increased client uptake.”
– Robert Wilson – Director | Energy Simple
Some of our Case Studies
Ready to take your business to the next level?
Impetus can help, not only with a managed start up or business loan but also with bespoke business finance mentoring.