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.
A key attraction to starting a business is the opportunity to utilise a talent or passion on a day-to-day basis, creating a career out of something that provides enjoyment and satisfaction.
It is something that fuelled 28-year-old Jen Pyrah, whose gift for fine art has since been transferred to her business Wren & Wilson, which was set up after Jen successfully applied for a business loan from The Sir Thomas White Loan Charity.
Everybody at the Sir Thomas White Loan Charity would like to wish the best of luck to Faye Hooper and Becky Owens, who will this weekend be heading to Hampton Court Palace to participate in The Handmade Fair, following a special invitation by event organisers.
Over the years, The Sir Thomas White Loan Charity has assisted the start-up of many businesses, each with their own inspirational story behind them. However, in the case of business borrower Melissa March, her story is one that continues to inspire.
Melissa’s loan was used to establish Learning for the Fourth Age (L4A), which has become established as an award-winning charity. L4A provides learning opportunities to older people receiving care, either in care settings – such as care homes or nursing homes, or with individuals in their own homes.