In response to the challenging business conditions East Midlands Development Agency (EMDA) has taken action by making £5 million available to businesses across the region through a Transition Loan Fund (TLF).
Individual loans of between £50,000 and £250,000 will be made available to small and medium-sized enterprises (SMEs) for up to three years. Companies need to have been trading for at least six months and must be located in the East Midlands counties of Derbyshire, Leicestershire, Lincolnshire, Northamptonshire, Nottinghamshire and Rutland.
For more details about the TLF, please contact Business Link on 0845 058 6644 or visit www.businesslink.gov.uk/eastmidlands/tlf
