(inc 6% interest)
If you are a new business (trading less than 12 months at time of application) with a higher risk profile and lower levels of security available, a higher rate of interest may be applicable.
Our aim is to ensure that good, commercially viable proposals do not fail from a lack of access to finance. Additionally, we want to encourage and support the creation, development and growth of businesses, aiding the potential for expansion of trade both within and outwith Scotland. This will in turn be able to contribute to, and strengthen, the local and national economy in terms of jobs, growth and wealth.