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STWLC Extends Age Criteria To Provide Wider Support

STWLC Extends Age Criteria To Provide Wider Support

The Sir Thomas White Loan Charity is delighted to announce a dramatic change to a key element of its eligibility criteria, which will make the charity’s interest-free business and education loans available to more people within Leicestershire and Rutland.

As of Thursday 1 August, applications will be welcomed from individuals aged over 18 and under the age of 45; increasing the eligibility window by 10 years, with the previous age limit for applicants being under the age of 35.

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Charity Approves Nine Interest-Free Loans for People in Leicestershire

Charity Approves Nine Interest-Free Loans for People in Leicestershire

The Sir Thomas White Loan Charity is delighted to announce that a total of £89,000 has been approved in interest-free loans to people throughout Leicestershire and Rutland.

Based at Friars Mill in the heart of Leicester city centre, The Sir Thomas White Loan Charity provides loans of up to £20,000 to new and developing businesses within the county, in addition to loans of up to £10,000 to individuals wishing to study for postgraduate qualifications.

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Patron Named Finalist for Prestigious Accolade

Patron Named Finalist for Prestigious Accolade

Barrie Stephen, founder and director of the Barrie Stephen Hair Group and Patron of The Sir Thomas White Loan Charity, has been named as a finalist for the prestigious Director of the Year – Small Medium Business award at the 2019 East Midlands Institute of Directors Awards.

The award-winning salon owner, one of Leicestershire’s most recognised hairdressers, has been shortlisted by an independent panel of judges for the Institute of Directors annual search to find the top business leaders within the East Midlands.

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Blog: Howzat For Success?

Blog: Howzat For Success?

In our latest blog, Sir Thomas White Loan Charity Trustee, Anne Whitlock, provides an insight into one of the main roles held by the Trustees; annual visits to business borrowers and/or their respective businesses…

As a Trustee of The Sir Thomas White Loan Charity, you have a few regular commitments, one of which is to visit our business loan borrowers. Immediately, you may think that it’s to check up and ensure the funding provided by the charity is put to good use and, in part, you’d be right. However, for us it is so much more than that. It’s a great opportunity to chat to borrowers to see how their business is going and to hear about plans for the future.

Recently, I had the pleasure of meeting Tom Flowers, who borrowed from the charity in 2016 to establish his cricket coaching business. Living close by, I took the opportunity to being the third Trustee to visit him since he took out his loan.

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BLOG: Changing Lives with Scholarship Programme Grants

BLOG: Changing Lives with Scholarship Programme Grants

In the latest edition of our exclusive blogs with Sir Thomas White Loan Charity trustees, Anne Whitlock provides insight into the charity’s Scholarship Programme Grants, which provide talented students with the opportunity to study at independent schools in a bid to enable them to reach their full potential…

The Sir Thomas White Loan Charity may have been around for hundreds of years, but that doesn’t stop it moving with the times and providing new opportunities to young people across Leicestershire.

So, when Hugh Stevenson – at the time Chair of Trustees at the Charity, saw an article about an organisation that offered grants to independent schools for promising students, he had a ‘light bulb’ moment. Why couldn’t the charity give money to exceptional students within schools in Leicestershire, so that they could study in the sixth form of an independent school within the county; thus giving them the greatest chance of fulfilling their potential?

Fast-forward five years and The Sir Thomas White Loan Charity has now given grants totalling £228,859 to eight pupils; all of whom, without exception, have described the opportunity as “life changing”.

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Barrie Stephen Named First Sir Thomas White Loan Charity Patron

Barrie Stephen Named First Sir Thomas White Loan Charity Patron

Barrie Stephen, one of Leicestershire’s most renowned business owners, has become the first-ever patron of The Sir Thomas White Loan Charity.

Now based at Friars Mill in Leicester city centre, the charity provided Barrie with one of its interest-free business loans 23 years ago to help him establish his first salon, which became the platform for continued growth, as Barrie Stephen Hair established itself as a household name across the county.

Today the owner of five salons across Leicestershire, in addition to Barrie Stephen Hair’s dual-brand, B-Styled, Barrie Stephen’s success in the business world, in addition to the hair and beauty industry, has been well-documented over the years. The Leicester native is now recognised as one of the leading hair designers in the country and been the recipient of a plethora of business and industry accolades, including Leicestershire Businessman of the Year. The salon group has also been named Best UK Local Salon on two occasions for its work within the community.

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Charity Delivers Eight Interest-Free Loans in Opening Quarter

Charity Delivers Eight Interest-Free Loans in Opening Quarter

The Sir Thomas White Loan Charity is pleased to announce that a total of £93,705 has been approved in interest-free loans to young people within Leicestershire and Rutland, at the end of the charity’s first quarter of 2019.

One of the oldest charities in the county, The Sir Thomas White Loan Charity, named after the wealthy benefactor forming part of the city’s historical Clock Tower, provides people aged over 18 and under-35 with interest-free loans to help start or develop businesses within the county, or to fund postgraduate study anywhere in the world.

Following March’s meeting of the charity’s Board of Trustees, a total of six interest-free business loans, totalling £79,380, were awarded to help fund ventures including a vegan caterer, illustrator and security provider.

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BLOG: Life Is Never Dull

BLOG: Life Is Never Dull

In the second instalment of our exclusive blogs with Sir Thomas White Loan Charity trustees, Lucy Womack provides insight into the charity’s quarterly meetings, which determine whether a borrower’s application has been successful, and the inspiration felt come the meeting’s close…

Despite it being quite common, I’m always amazed at how inspired I feel coming away from my involvement with The Sir Thomas White Loan Charity. It’s at this time that I feel so enthusiastic about working with an incredible charity that makes such a huge difference to young people in the county.

Okay, a little context needed; I understand. Last week, I spent an afternoon at one of the quarterly trustee meetings, where all 18 of us sit to discuss a host of matters involving the charity – not just our interest-free business and education loans.

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Not Just For New Businesses

Not Just For New Businesses

Sir Thomas White Loan Charity Ambassador Lee Tomes has benefited from both forms of interest-free investment available from the charity.

Having initially engaged with the charity to take out an education loan to fund his postgraduate study in London, Lee – having returned to Leicester following his studies – set up Orange Fox Studios.

The video production agency, based in Phoenix Square in Leicester’s city centre, thrived. However, Lee wanted to be able to offer clients an enhanced service and product. As a side note, Lee also wanted to be able to focus on being able to work on projects that enabled him to utilise his creativity and skillset to the fullest. In order to deliver all of that, he required additional investment.

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