INVEST Essex launches start-up loans

The company is part of the Let’s Do Business Group (LDBG) and provides services for Essex County Council across the Greater Essex region.

Eligible businesses can apply for loans valued at up to £25,000, with no arrangement fee.

INVEST Essex has recruited Dave Watson and Graham Johnson as ‘Essex SME business managers’.

Dave said: “Access to finance and funding remains difficult, which restricts SME growth.

“Every SME is unique, and we work hard to understand each business – developing bespoke finance solutions.

“We have an extensive network of contacts and it is fantastic working with owners across Essex helping them to grow their businesses.”  

LDBG provides access to finance through:

• the government-backed start-up loan scheme
• growth loans to businesses that can’t access finance from banks
• providing access to finance professionals who can help businesses to obtain the most appropriate finance to help them grow.

“We are thrilled that, through INVEST Essex, we are now able to boost the prospects for start-ups within the county,” said Graham Marley, chief executive at Let’s Do Business Group.

“They can apply for an unsecured figure of up to £25,000 – with no arrangement fee – to support business cash flow where funding from high street lenders cannot be found.”