Download - Ignite your ...start loans

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Page 1: Ignite your ...start loans

Delivered by

Page 2: Ignite your ...start loans

Who & Where

• Partnership between not-for-profit WSX Enterprise Ltd & ethical lender, Parity Trust

• Covering

– Dorset– Hampshire– Isle of Wight– Surrey– West Sussex possible

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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

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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

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More than just money

Global Partners

Mentor

Other local & national support

Loan START UP BUSINESS

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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)