The Sir Thomas White Loan Charity is delighted to announce the total sum approved in interest-free business and education loans for the opening quarter of 2020.
Following the first round of interviews with prospective borrowers in February, five loans, totalling a sum of £44,000, were approved to help establish or develop new businesses in Leicestershire, or help students return to university to obtain postgraduate qualifications.
The Sir Thomas White Loan Charity is pleased to announce that a total of £140,879 was approved in interest-free business and education loans at the culmination of the final quarter of 2019.
This figure is the sum of 12 loans approved in December 2019, with five education loans totalling £39,000 complemented by an additional £101,879 approved across seven interest-free loans to help start-up or develop businesses in Leicester, Leicestershire and Rutland.
The Sir Thomas White Loan Charity is delighted to announce that a total of £121,283 has been approved in interest-free business and education loans following the latest round of interviews with applicants.
One of Leicestershire’s oldest charities, The Sir Thomas White Loan Charity provides interest-free loans to people aged between 18 and 35 within Leicester, Leicestershire and Rutland. Prospective borrowers may access up to £20,000 in order to establish or develop a business within the county (provided they live in Leicestershire and the business will also be run in the county), or £10,000 to fund postgraduate study anywhere in or out of the United Kingdom – again, provided the applicant has lived in the county for three years or more.
Of the total approved in September 2018, £81,283 will be used to establish five businesses locally, including a fitness and wellbeing studio, courier service and domiciliary care provider.
Meanwhile, a further £40,000 has been approved in the form of education loans, which will aid postgraduate study in the fields of poetry, international relations theory and finance.
Ahead of The Sir Thomas White Loan Charity’s next round of interviews, which take place in November; applications are being welcomed and can be submitted ahead of the next application deadline, which is Monday 1 October.
For more information on business loans, please visit www.stwcharity.co.uk/business-loans or www.stwcharity.co.uk/education-loans for details on education loans.
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.