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Grants and External Funding

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Grants and Funding News
12Nov

SMEs and small business finance

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Capalona offers access to alternative business finance for small business and SMEs based in the UK.

Objectives of Fund

The objective is to offer access to alternative funding options other than traditional forms of finance such as Commercial Bank finance. Capalona offers a wide portfolio of alternative funding options and a platform that helps match applications with the right funding product. It also offers solutions for businesses with a poor credit history or businesses that have encountered underwriting problems when applying for traditional commercial finance.

Value Notes

An unsecured business loan offers a straightforward funding solution. Businesses could borrow up to £500,000 or more without having to secure the loan against company assets, such as property, land or equipment.

A secured business loan allows businesses to access funds of up to £2 million by providing an asset as security for the loan.

Who Can Apply

UK business only, limited businesses, sole traders, start-up, LLP and partnerships are eligible.

Location

United Kingdom.

Restrictions

There are no exclusions.

Eligible Expenditure

Funding can be used for all business purposes.

How To Apply

This is a rolling programme.

Enquiries may be submitted at any time.

Applications can be made online

Useful documents & links

Scheme - Guidance Document

Useful Links

Addresses and contacts

For further information on how to obtain this grant locally, please contact the following:

  1. Finance Enquiries 
    Capalona 
    Suite 3, Broncoed House 
    Broncoed Business Park 
    Wrexham Road 
    Mold 
    Flintshire 
    CH7 1HP 
    Tel: 0800 133 7042

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