What is it?

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 Leicester city centre.

We are an Equal Opportunities organization providing loans for new business ideas and young businesses needing investment.

Eligible candidates may borrow up to £12,000 interest free for 9 years to establish themselves in their chosen career.

To be eligible for consideration for a loan you must be over 18 and under 35; you must conduct your business in Leicestershire or Rutland for the duration of the loan, and must be able to demonstrate that the business has the potential to succeed.
You must also have a real need for the loan, without which your project would not proceed unless you had assistance from the charity - in other words, you have insufficient
personal funds or credit status to secure such funds elsewhere.