Welcome to the Wholesale Loan Fund website

The Wholesale Loan Fund is a new fund dedicated to helping London’s most disadvantaged entrepreneurs.

Created with private investment, the Fund provides the capital for locally run small business loan funds, right across London. As a result, the Wholesale Loan Fund will support thousands of entrepreneurs that are currently unable to access mainstream finance.

Last resort lending

Despite London’s prosperity, many residents are excluded from opportunities to improve themselves but see starting or growing a business as a means to generate fulfilment and wealth.

The major hurdle for most is the inability to raise finance. Whether this is because they have no track record, a poor credit history, no security, or are simply uncomfortable in banks, those who most need finance find it hardest to raise it. In response, small loan funds have been established across London by local councils, charities, and concerned individuals.

These local funds are in constant need of lending capital to meet the growing demand, and until now had to rely on either limited government funding or private sector sponsorship. The Wholesale Loan Fund is a large-scale, perpetual and self-sustaining answer to this need.

For investors

The Fund provides the opportunity to support London’s emerging businesses whilst earning a tax credit of 5%pa. The Fund is commercial and self-sustaining, expecting to return investor’s money after five years.

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For local loan funds

The Fund provides new lending capital at on advantageous terms, to expand their operations and to support more businesses. The Fund also offers the chance for communities to establish a local operation.

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Larger loans for small businesses and social enterprises

If you are a growing business you are able to access up to £75,000 to continue your expansion plans. Property-backed loans are also available, up to £100,000 (up to £250,000 for a not-for-profit enterprise).

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