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.

Expert Advice, SpotlightAlison LoweComment