The Scottish Loan Fund (SLF) provides mezzanine loans ranging from £250,000 to £5 million to qualifying Scottish businesses on a wholly commercial basis. The SLF is focused on established businesses that have growth potential or are engaged in exporting outwith Scotland.
The SLF will consider businesses that meet the following criteria:
The Scottish Investment Bank has provided £55 million of cornerstone funding to the SLF, which is part financed by the Scottish Government, Highlands and Islands Enterprise and the European Regional Development Fund (ERDF). In addition £58 million of private sector investment has been generated, giving a cumulative fund value of £113 million.
Maven Capital Partners has been selected to manage the SLF. Appointed as independent Fund Manager of SLF in February 2011, Maven can provide loans from £250,000 to £5 million and will consider businesses that meet the Fund's eligibility criteria, with a particular focus on those businesses with strong growth and/or export potential.
You can also speak directly to a member of Maven's SLF Investment Team, call 0141 206 0121 or email email@example.com