News

Over £70,000 Approved in Opening Quarter of 2018

Over £70,000 Approved in Opening Quarter of 2018

The Sir Thomas White Loan Charity is pleased to announce that a total of eight interest-free loans, totalling £77,227, were approved following the Charity’s opening quarterly interviews of 2018.

One of Leicester’s oldest charities, The Sir Thomas White Loan Charity provides people between the ages of 18 and 35 with loans of up to £20,000 to help start or develop business within the county, or £10,000 to aid postgraduate study. All loans are completely interest-free for a nine-year period, with equal monthly repayments commencing three years after the loan is taken out.

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Sophie Élise Scoops Prestigious Accolade

Sophie Élise Scoops Prestigious Accolade

A beauty salon that benefited from a Sir Thomas White Loan Charity business loan has been named East Midlands Beauty Salon of the Year, in a prestigious series of awards which recognise the beauty industry within Great Britain.

Sophie Élise Beauty Boutique, located in Melton Mowbray, beat three other finalists to the title. In addition, Sophie Élise was named runner-up in the Salon Retailer of the Year category; a national accolade.

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Case Study – Legal Eagle

Case Study – Legal Eagle

Suhail Alloo’s aim was always clear – to become a qualified lawyer.

As any qualified lawyer will testify, it’s a challenging journey that requires commitment, hard work and – naturally – the successful pursuit of key qualifications through education. That’s why Suhail got in touch with The Sir Thomas White Loan Charity and successfully applied for an interest-free education loan.

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Charity Features As Part Of ‘New Year, New You’ Event

Charity Features As Part Of ‘New Year, New You’ Event

The Sir Thomas White Loan Charity joined a panel of inspirational speakers at the De Montfort University Innovation Centre’s co-working café on Wednesday 24 January, forming part of the centre’s ‘Connect at the Co-Working Café’ event focusing on the topic ‘New Year, New You’.

In attendance on behalf of The Sir Thomas White Loan Charity, Chair of Trustees David Howard delivered a background talk on the support that the Charity provides through interest-free business and education loans, specifically for young entrepreneurs wishing to establish or develop a business within Leicester, Leicestershire or Rutland.

Also speaking on the evening was DMU student and founder of Evade Magazine, Emma Guy; the latest winner of the university’s Pitch2Win competition, which The Sir Thomas White Loan Charity sponsors annually.

The evening also consisted of a Q&A and networking session, which saw David engage with many of those in attendance on a one-on-one basis, discussing potential business ideas and the finer details of the Charity’s application process.

If you’re a young entrepreneur looking to start a business in 2018 – and need investment – please CLICK HERE to find out more about our nine-year interest-free business loans, or email info@stwcharity.co.uk to register for an application pack.

To find out more about the DMU Innovation Centre, which allows people to run their business from the premises, please CLICK HERE or follow @DMUworkspace on Twitter.

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Charity Backs Student Entrepreneur Competition

Charity Backs Student Entrepreneur Competition

The Sir Thomas White Loan Charity, based at Friars Mill in Leicester city centre, is delighted to announce that it is to sponsor a brand-new competition hosted by Leicester College, which aims to help entrepreneurial students get their business ideas off the ground.

‘Pitch Your Passion’ is a competition open to all full and part-time Level 3 or above students attending the college, providing an opportunity for budding entrepreneurs to showcase their business idea before a panel of judges.

In a deal worth over £20,000 over the next five years, fellow sponsors Pattersons Commercial Law will be donating 10 hours of professional support to the winning businesses, with a first prize of £1,000 being awarded to the winners to fund the start-up.

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Success Story – Skytribe Dance Studio

Success Story – Skytribe Dance Studio

In addition to helping people across Leicestershire and Rutland start a business from scratch, The Sir Thomas White Loan Charity also makes its interest-free business loans available to people wishing to develop their business; something that borrower Hannah Myatt was able to do.

Provided that the business has been running for four years or less and that an applicant meets the other necessary criteria, the Charity’s investment of up to £20,000 is on offer.

Hannah, a dancer and dance teacher, set up her studio – Skytribe – with the help of a small loan, but later found that additional work was required to bring the premises up to the standards she desired – which is where The Sir Thomas White Loan Charity came in.

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Charity Aids PhD Pathway

Charity Aids PhD Pathway

The ability to study at post-graduate level provides you with more than an additional qualification. It can deliver amazing opportunities and provides access to a number of pathways towards a chosen career. Just ask Sam Gandy, who took out an interest-free education loan totalling £5,000 in order to study in London.

The 32-year-old from Market Harborough has since gone a step further as he approaches the end of his PhD; however, as he explained, it’s the journey he’s taken – quite literally – that has changed his life to this point.

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Success Story – Eyes on the Pies

Success Story – Eyes on the Pies

From festive foundations, Melton-based Incredible Pies has established a reputation for delivering a wide variety of tasty treats, suitable for satisfying even the toughest of sweet teeth – with The Sir Thomas White Loan Charity playing a small part in the company’s growing success.

Established by Pete and Rob Sharpe, who applied for an interest-free business loan from the Charity in order to develop his start-up, Incredible Pies has now gained a strong customer-base following its presence at food events in Leicestershire and beyond.

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University of Leicester to Establish Co-Working Space

University of Leicester to Establish Co-Working Space

The University of Leicester is to open a brand-new working space which could have huge benefits to business loan borrowers of The Sir Thomas White Loan Charity.

After months of planning, the go-ahead has been given to establish a co-working space operated by the University of Leicester within the city itself. A collaboration of the university, Leicester’s local start-up business community, local businesses themselves, Leicester City Council and De Montfort University; the co-working space is expected to make a difference to those engaged in early start-ups in addition to entrepreneurs, freelancers, professionals, social entrepreneurs and changemakers, who will be able to have the space to work, connect, collaborate, learn and grow.

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