The Fund
UMi Debt Finance Scotland is a specialist provider of SME finance to support a wide variety of growth plans. The Fund typically advances loans of £25,001 and £250,000 to support actively trading Scottish businesses.
The fund is managed by UMi Scotland whose local investment team are committed to supporting sustainable business plans backed by credible management teams.
With a mission to boost economic growth across Scotland, the Fund will help make securing affordable finance achievable.
The UMi Debt Finance Scotland is designed to facilitate the creation of 55 new jobs in the region by investing in 213 SMEs by the end of 2021.
Eligibility
Actively trading local businesses across most sectors are eligible to apply for UMi Debt Finance Scotland, with loans available for most purposes. Job creation and financial sustainability are essential prerequisites of each application and applicants must be able to demonstrate serviceability of fixed monthly repayments.
UMi Debt Finance Scotland is available to incorporated SMEs across Scotland (we are unable to support Sole Traders or Partnerships). Businesses relocating to the area or opening new establishments in Scotland may also be eligible.
For more information about the Fund or to discuss your proposal, please contact our investment team on 0330 124 4756 or apply online via our application form.
More about UMi
Since 2007, we’ve been taking the hard work out of finding and using the best information, expertise and finance for businesses. We know that businesses are more than just bricks and mortar, or numbers on a spreadsheet. They’re powered by people. We’re here to guide those people. With a team of savvy business experts, we translate the most complex information, expertise and finance in a way that’s easy to understand and use.
For years, we’ve been building a formidable community of partners and business individuals who have the power to make a difference, and the talents to build great businesses.
Our community isn’t limited to the traditional definitions of business. From the greenest of start ups, to the bluest of blue-chips, we deliver the relationships and tools to help them find the right path. We’re in it for the individual, but have the vision to see the bigger picture. If a business is facing a challenge, or has a goal in mind, our community can help them get wherever they want to be and help their business go further.
It’s our aim to be the place businesses go to find and use the very best information, expertise and finance.
Want to find out more? Let's talk:
Tel. 0191 716 1000
Email. letstalk@weareumi.co.uk
