Up to £20,000 interest free
business start-up loans
Up to £10,000 interest free
About The Sir Thomas White Loan Charity
The Sir Thomas White Loan Charity has been in existence since 1542 and was founded by one of the City’s most generous (but least well known) benefactors, Sir Thomas White. Although he never actually set foot in Leicester, Sir Thomas is honoured by being included as one of the four statues around the Clock Tower in the Leicester city centre.
We are an Equal Opportunity organisation providing loans for new business ideas and young businesses needing investment. Eligible candidates may borrow up to £20,000 for business and up to £10,000 for education, to establish themselves in their chosen career. Loans are interest free for 9 years, repayable by equal instalments after 3 years, and are available to people aged over 18 and under 45.
For a limited period Trustees will consider applications for loans of up to £10,000 from borrowers who are unable to provide guarantors. An annual sum has been set aside for these applications and only the best business ideas and plans will be considered for these loans. No-one should be deterred from submitting an application.