IMPORTANT - Up-Front Payment and Advanced Fee Fraud

Up-Front Payment and Advanced Fee Fraud

Business Loans Scotland is aware of an Advanced Fee Fraud using our name or initials “BLS”. This Fraud induces individuals into believing they are applying for a fast loan but before an individual receives the loan they are told they must pay an upfront fee. Once the fee is paid, the victim does not hear from the company again and the loan is never received.
Business Loans Scotland does not ask a Borrower for any fees up-front and any promise of this type of loan requiring an up-front fee is a CON.
If a fraud has been committed, please report it immediately to the Police.

About Business Loans Scotland

Business Loans Scotland (BLS) is the Fund Manager for a £7 million loan fund, which seeks to invest in new and growing Scottish SMEs. Business Loans Scotland is also the trading name of the Scottish Growth Scheme - Business Loans Scotland Debt Finance LP (SL033447) and is fully financed by the Scottish Growth Scheme and the European Regional Development Fund (ERDF) through the European Structural Funds 2014 - 2020 Programme.

BLS aims to ensure that good, commercially viable proposals do not fail from a lack of access to finance. Additionally, we want to support and encourage the creation, development and growth of Scottish businesses, helping them to trade regionally, nationally and internationally.
This in turn will help contribute to, and strengthen, the local and national economy in terms of jobs, growth and wealth.

Business Loans Scotland is a consortium of Scotland’s Local Authorities, set up to manage loan funds providing funding to new and growing small & medium sized businesses across Scotland. BLS builds on the success of previous loan funds; the West of Scotland Loan Fund (WSLF), the East of Scotland Investment Fund (ESIF) and the South of Scotland Loan Scheme.

Calculate your loan repayments

£
months
months
More
Total Repayment
(inc 6% interest)
£
25,819.93
Monthly Repayments
£
2,151.66
Typical 6.17% APR

Are you looking to start or grow your business?

Check out how we can help by visiting our loans page.