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Shropshire firms urged to access new £400m investment fund

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Shropshire businesses are being urged to apply for support from a new £400m fund.

The call comes after other firms received a boost as they accessed growth investment from the Midlands Engine Investment Fund through loan provider BCRS Business Loans.

BCRS Business Loans Chief Executive Stephen Deakin said: “We are pleased to be able to build on our positive impact in delivering British Business Bank investment across the West Midlands by now engaging with businesses on the opportunities for support from MEIF II. “The West Midlands has a proud history of supporting the small businesses which are recognised as the engine of the local economy so MEIF II will ensure they thrive and grow, build jobs and skills opportunities and make a positive contribution to the region.”

BCRS Business Loans offers loans to SMEs across the West Midlands and Wales who are unable to access finance from traditional sources by providing secure loans from between £10,000 and £150,000 to support growth and recovery plans.

 

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