Micro loans to help you move or update your premises
By Svetlana Goode
Most small businesses know how important their
premises are to their success and as your business grows they’re
likely to need investment.
For many small businesses, being in the right
location can increase customer numbers and boost revenues.
Equally, making sure your premises offer your customers a memorable
experience of your brand can also help you beat the
If you run a manufacturing or distribution
business, being near good transport links or your key suppliers
could not only save costs and improve your service, but also
improve supplier relationships and open up new opportunities.
Alternatively, a second shop or unit may be
the next step in your expansion plan.
Whatever you have in mind, a flexible micro
loan from Finance Wales could provide you with the capital you
Our micro loans can help you with:
- Moving costs
- Fit-out costs
- Renovating/updating your
- Network installation
- Marketing your new
Established North Wales garment manufacturer, Brodwaith recently
moved from Gaerwen to Llangefni in the Anglesey Enterprise Zone, providing additional
manufacturing, sales and retail capacity and a new base for the
Brodwaith used a £50,000 micro loan from Finance Wales to
purchase new production equipment, fit out part of the new premises
and fund other moving costs. Brodwaith will retain its facility in
Pentrefoelas which houses its embroidery and printing
As an SME moving to one of Wales’ Enterprise Zones, Brodwaith
qualified for a 2% interest rate reduction from Finance Wales in
addition to a range of other benefits.
Read Brodwaith’s full story here.
If you’re looking for funding to invest in
your premises, visit our micro loans page
and start your application today.