Home | Foundation East

Finance and Support for People with
viable Business Plans.
Want to know more?

Why choose Foundation East?

We lend money to business people like you, to enable your enterprise to start up, grow and thrive. Maybe an injection of funds is necessary to develop your business, but money alone may not be the only thing your business needs to get it to the next level. That’s why working with Foundation East would be a good place to start. We offer you funding, pre and post loan business support and can put you in touch with an array of professional business planning and support services. We can help you push your business forwards.

Key facts

  1. We lend up to £100,000;
  2. You don’t need to have a trading history, a credit history or assets to use as security, but you will need a strong business case;
  3. We do not use credit scoring to reach a decision
    find out more.
  4. You are offered pre and post-loan support, see
    business loans and workshops.
  5. We lend to sole traders, limited companies, social enterprises and voluntary organisations.

Check our FAQs or give us a call on 01284 757777


Are You Eligible?


  • Do you have an established business that has been trading for at least 12 months?

  • Do you require funding for your business between £10,000 and £100,000?

  • Do you have a strong, viable business plan?

 

If you have answered Yes to all of the above questions then it looks like you would be eligible to apply.

Apply now!

If you have answered No to any of the above questions, or have any other concerns over whether you may be eligible then give us a call on 01284 757777 and speak to a member of our team.

The company we keep…

  • SEEE
  • Social Enterprise Live
  • The Department for Business, Innovation & Skills (BIS)    
  • Unity Trust Bank

  • European Microfinance Network
  • The Federation of Small Businesses
  • The Regional Growth Fund (RGF) 
  •  

Having a short or limited trading history, a lack of assets with which to secure a loan, a poor credit record or a low credit score should not be an obstacle to financing your business. With Foundation East it isn’t.

Make an enquiry

Foundation East

Since 2004...

  • Foundation East
    £9,430,984 Money lent
  • Foundation East
    597 Businesses funded
  • Foundation East
    1197 Jobs created or saved
  • Foundation East
    £1= £15.68 Economic Impact

Featured case study

  • Caffejnica of Peterborough
    Caffejnica of Peterborough

    Andris Asermanis, owner and founder of Cafejnica in the centre of Peterborugh, offers a homely and comforting coffee, tea and traditional Lithuanian bread and pastries.

    Read more

Client testimonial

arrow"I really appreciate all of your support and I am delighted to have won the award for best new business!" Nicola Weeks George James Bridal

Blog

Latest News

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Bad credit score?

arrow"We don't use credit scoring as the criteria for awarding a loan; instead we look at the business plan and the cash flow projections, and most importantly the people behind the company. If you have a strong business case you are well on your way to being approved for a loan." Valerie Jarrett, Business Loans Manager




Our Loan Products

Business Loans

Social Purpose Loans

 

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About Foundation East

We are here to champion local entrepreneurial spirit, by providing finance and support to business and benefit local communities in Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk.

Foundation East is a Registered Society, registered with the Financial Conduct Authority and recognised by HM Revenue and Customs as an exempt charity. We raise capital to lend to our customers by selling shares in the Society.

Foundation East demonstrates that a new thinking is possible and it is making a difference to peoples’ lives.

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