Creative Growth Finance - Investment for Creative Businesses
Creative England understands the needs of creative businesses. They know how difficult it is to access finance from traditional sources and that in order to take your business to the next stage, you need a cash injection to make your growth plans a reality.
Creative Growth Finance is a landmark fund providing vital scale up finance to the UK’s most promising creative businesses. Finance will be directed to post-revenue creative businesses presenting promising growth potential and who:
bring change, disruption and new IP to the creative industries
harness creativity with technologies and supporting businesses
are talent led
What they offer:
100% virtual application process
Loans of £100,000 – £500,000 across all UK regions
Capital repayment holiday of 6 months
Fixed interest rates from 7% – 15%
Repayment terms up to 4 years
Initial decision to progress within 3 days
5% management fee will be charged on payment of the loan
Criteria
Your company must be registered in the United Kingdom
You must operate within the creative industries (by this we mean; Film, TV, Media, Immersive and Video Games, Advertising & Marketing, Digital & Creative Tech, Creative Software Solutions, Fashion, Architecture, Music, Publishing)
Your most recent annual turnover must have been at least £300,000
You must have at least one year of accounts filed at Companies House
You can get more information, check if you are eligible or start your application on the Creative England website – or by following the button below.