Business Loans Scotland is a consortium of Scotland’s local authorities, providing loan finance up to £100,000 to new and growing small and medium-sized businesses (SMEs) across Scotland.
Business Loans Scotland builds on the previous successful loan funds, the West of Scotland Loan Fund (WSLF), the East of Scotland Investment Fund (ESIF) and the South of Scotland Loan Scheme.
We can support the following types of legally formed and trading businesses:
Our primary focus is on businesses engaged in the Business to Business (B2B) and Business to Consumer (B2C) categories.
Applicant businesses should demonstrate that they have explored all available funding options including personal funds and borrowings, bank funding (including factoring and asset finance) and the potential for equity from venture capitalists. Any business approaching Business Loans Scotland will receive support and advice from Business Gateway and local authority business support teams to help them reach this stage.
See more on their website: https://www.bls.scot