We are Alternative Funding Specialists
| We provide debt solutions to fit your business growth plans in the East & West Midlands. |
What is MEIF Debt Finance?
Your next source of funding.
As small businesses grow, large injections of funding are often needed to move them to the next level.
A simple alternative to bank finance, the Midlands Engine Investment Fund (MEIF) is transforming the financial landscape for smaller businesses in the Midlands.
When used right, debt finance can provide a number of benefits for a growing business, including the ability for business owners to retain full control of their business, maintain cash flows and access the funds required to accelerate growth.
MEIF Maven Debt Finance is designed for small businesses that need funding to grow their business.
To be eligible for MEIF Maven Debt Finance a business:
- Have a material part of it's operations in the Midlands
- Have fewer than 250 full-time employees
- A turnover of less than £42m per annum.
Finance to back your business growth plans
MEIF Maven Debt Finance can provide business loans between £100,000 - £1.5m. The Fund is not able to finance acquisitions. The finance available can help with pretty much anything that supports business growth/job creation.
Purchasing new
machinery
Capital
expenditure
Exporting
abroad
Investing in
new products
Hiring a
new team
Filling gaps in
working capital
Based in the Midlands?
MEIF Debt Finance can support companies based in:
West Midlands
- The Black Country
- Coventry & Warwickshire
- Greater Birmingham & Solihull
- The Marches
- Stoke & Staffordshire
- Worcestershire
East Midlands
- Derby, Derbyshire, Nottingham & Nottinghamshire (D2N2)
- South East Midlands
- Leicester & Leicestershire
- Greater Lincolnshire
Application Requirements
Personal Information
A description of your products/services and information on key people in the business.
Business Information
Details of your funding requirements and what the investment will be used for.
Business Detail
Details of the market you operate in, financial accounts and repaying the loan.