First Enterprise Business Loans

First Enterprise / British Business Bank (Community ENABLE Funding)

Information last verified: August 2026 · Source: first-enterprise.co.uk

Stage

Idea / pre-product, MVP / early product, Early revenue, Scaling

Location

Midlands

Equity

No equity taken

Cost

Debt (commercial terms)

Delivery

In-person

Any sector

Idea / pre-productMVP / early productEarly revenueScaling

Community Development Finance Institution (CDFI) based in the East and West Midlands, accredited by the British Business Bank under Community ENABLE Funding (launched 2025). Provides responsible business loans from £500 to £250,000 for founders who face barriers to mainstream finance, including startups, underrepresented groups, businesses in disadvantaged areas, and those turned down by high street banks. Start Up Loans run from £500 to £25,000 and larger business loans from £25,001 to £250,000, repayable over one to five years with no early repayment penalties.

Why this programme

Raise funding

Midlands CDFI offering £10k-£150k to founders who can't access high street lending, strong track record with underrepresented and early-stage entrepreneurs

Scale & grow

Accessible lending up to £150k for Midlands founders who need growth capital but face barriers to mainstream finance

Interested in First Enterprise Business Loans?

Head to their website for current cohort dates and how to apply.

Visit First Enterprise Business Loans → ← Back

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