National Tooling Loan Fund - England

About this funding

The National Tooling Loan Fund provides loans between £50,000 and £2,000,000 to manufacturing enterprises in England.

The programme is intended for firms that manufacture tooling and cannot access conventional funding for their operations.

Applicants must have traded for a minimum of two years, hold a firm customer order for tooling products, and commit to locating final tooling and component manufacture in England. The business must demonstrate difficulty in obtaining conventional funding and show that the loan will create or safeguard jobs.

Applications are made online through the Department for Business and Trade portal. Applicants must provide evidence of their two-year trading record, documentation of funding difficulties, firm customer orders, and details of the employment impact the loan would deliver.

Who can apply

Manufacturing enterprises with minimum two years' trading history; evidence of difficulty obtaining conventional funding for tooling manufacture; firm customer order in place; commitment to locate final tooling and component manufacture in England; demonstrated job creation or safeguarding by the business.

How to apply

Apply online through the Department for Business and Trade portal, providing evidence of two-year trading record, documentation of funding difficulties, firm customer orders for tooling products, and details of employment impact

Common questions

What is National Tooling Loan Fund - England?

The National Tooling Loan Fund offers loans of £50,000 to £2,000,000 to manufacturing firms in England with two years' trading history, a firm customer order, and demonstrated job creation, where conventional funding is unavailable.

How much funding is available?

National Tooling Loan Fund - England offers £50,000 to £2,000,000.

Who can apply for National Tooling Loan Fund - England?

Manufacturing enterprises with minimum two years' trading history; evidence of difficulty obtaining conventional funding for tooling manufacture; firm customer order in place; commitment to locate final tooling and component manufacture in England; demonstrated job creation or safeguarding by the…

What is the deadline?

National Tooling Loan Fund - England accepts applications on a rolling basis — you can apply at any time.

Who provides National Tooling Loan Fund - England?

National Tooling Loan Fund - England is provided by Department for Business and Trade.

How do I apply for National Tooling Loan Fund - England?

Apply online through the Department for Business and Trade portal, providing evidence of two-year trading record, documentation of funding difficulties, firm customer orders for tooling products, and details of employment impact.