Delivered by
Who & Where
• Partnership between not-for-profit WSX Enterprise Ltd & ethical lender, Parity Trust
• Covering
– Dorset– Hampshire– Isle of Wight– Surrey– West Sussex possible
What
• 18-30 years old• £500 to £10,000 (or more in exceptional
circumstances)• 6% p.a. (6.17% APR) until 31 March 2013• Over 1 to 5 years• Mentor assigned for first 12 months• £375,000 to loan before end March 2012• £112,000,000 available nationally until 2015
How
STAGE 1• Contact WSX• Mentor assigned• Business Plan
developed• Submitted to WSX for
viability check• OK? To Parity Trust
STAGE 2• Credit checks made• OK? Paperwork sent
out• 7 day cooling off
period• Go ahead? Money
within 5 working days
More than just money
Global Partners
Mentor
Other local & national support
Loan START UP BUSINESS
Contacts
• Rachel Cheetham, Programme Manager• Gill Tranter, Programme Coordinator
• Tel: 01329 22 32 12• Email: [email protected]• www.wsxenterprise.co.uk/start-up-loans
• (www.startuploans.co.uk)
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