Enterprise Answers business loans

About this funding

Enterprise Answers provides loans between £10,000 and £150,000 to businesses that have been unable to secure conventional finance.

The scheme is open to enterprises based in the North West or Yorkshire and the Humber with a maximum of 249 employees, operating in sectors including agriculture, food, construction, hospitality, manufacturing, IT, digital, creative, retail, transport and distribution, and others.

Applicants must demonstrate that they have received rejection from mainstream lenders before applying. Businesses should contact Enterprise Answers directly with a completed application that sets out the loan amount required, how the funds will be used, and a business plan supporting the case for finance.

Who can apply

Businesses based in the North West or Yorkshire and the Humber region; maximum 249 employees; must have received rejection from mainstream lenders; operating in eligible sectors (agriculture, food, finance, construction, education, health, hospitality, IT, digital, creative, manufacturing, mining, real estate, science, technology, services, transport, distribution, travel, leisure, utilities, or retail)

How to apply

• Contact Enterprise Answers directly
• applications should demonstrate previous funding rejection from conventional lenders and provide business plans detailing loan requirements and intended use

Common questions

What is Enterprise Answers business loans?

Enterprise Answers offers loans of £10,000 to £150,000 to North West and Yorkshire and the Humber businesses rejected by conventional lenders, across a wide range of sectors up to 249 employees.

How much funding is available?

Enterprise Answers business loans offers £10,000 to £150,000.

Who can apply for Enterprise Answers business loans?

Businesses based in the North West or Yorkshire and the Humber region; maximum 249 employees; must have received rejection from mainstream lenders; operating in eligible sectors (agriculture, food, finance, construction, education, health, hospitality, IT, digital, creative, manufacturing, mining…

What is the deadline?

Enterprise Answers business loans accepts applications on a rolling basis — you can apply at any time.

Who provides Enterprise Answers business loans?

Enterprise Answers business loans is provided by Department for Business and Trade.

How do I apply for Enterprise Answers business loans?

Contact Enterprise Answers directly; applications should demonstrate previous funding rejection from conventional lenders and provide business plans detailing loan requirements and intended use