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.
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.
There are no exclusions.
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
Addresses and contacts
For further information on how to obtain this grant locally, please contact the following:
Suite 3, Broncoed House
Broncoed Business Park
Tel: 0800 133 7042