BCRS Business Loans hits £75m lending milestone

BCRS Business Loans has announced that it has lent over £75m to businesses across the West Midlands region.

This milestone comes on the back of record-breaking lending last year, in which £13.3m was delivered during the pandemic via the Coronavirus Business Interruption Loan Scheme (CBILS).

Established over 19 years ago, BCRS Business Loans provides facilities from £10,000 to £150,000 for businesses based in the West Midlands to support a wide variety of purposes.

Stephen Deakin, CEO at BCRS Business Loans, said: “We are delighted to have achieved this lending milestone, which has not only provided a brilliant start to 2022, but also demonstrates our commitment to supporting the growth of SMEs when other lenders can’t help.

“As a non-profit organisation, we take a human approach to lending, offering a relationship-based model where we base our decision on the business itself rather than computerised credit scores.

“We are committed to supporting businesses as they grow and recover following the pandemic and are proud to be a delivery partner for the government’s Recovery Loan Scheme (RLS).

“We believe that no viable business should go unsupported, so please do get in touch if you are looking for growth funding.”

Pictured above: The BCRS Business Loans team

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