The Sir Thomas White Loan Charity, based in Friars Mill, Leicester, has revealed that a grand total of £185,420 was approved in interest-free business and education loans in the Charity’s final quarter of 2017.
Of that sum, £124,100 is to be used to help 10 entrepreneurs start up or develop businesses within Leicestershire and Rutland, whilst a further £61,320 will be delivered to enable eight students to continue their studies at postgraduate level.
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.
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.
You may have seen the brand-new Sir Thomas White Loan Charity video – but now, we’re delighted to bring you some extended footage from interviews with two of the businesses featured – The Sewing Cafe and William Wheelwright Hair.
The interviews with packed full of information which provides prospective borrowers with an insight into the measures required to make your business work – not to mention details of how each borrower found working with The Sir Thomas White Loan Charity and how the loan they obtained benefited their respective business.
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.
The Sir Thomas White Loan Charity has released a brand-new promotional video, produced by two fellow Leicester businesses that have benefited from the Charity’s interest-free loans.
The three-minute long video is a result of a working partnership between marketing agency Soar Media and video production company On Point Productions; both of which received funding from the Charity during the respective business’ infancy.
A former Miss Leicester, who contacted The Sir Thomas White Loan Charity in a bid to help get her music production business off the ground, has released her debut album, entitled ‘Find Your Tribe’.
Léna Walker, who borrowed from the Charity in 2014 in order to establish herself as a recording artist, music producer and guitar teacher, is back in the United Kingdom having spent six months hitch-hiking around South America and the West Indies with little more than her guitar and flip-flops. During her travels, Léna has been writing music, culminating in the production of ‘Find Your Tribe’ – the debut album which is being released independently.
The Sir Thomas White Loan Charity is delighted to announce a total sum of £87,500 of interest-free loans were approved, following the Charity’s final round of interviews with prospective borrowers for 2016.
The figure from the final quarter takes the grand total delivered in loans for the year to an impressive £375,000.
One of Leicestershire’s oldest charities, the Sir Thomas White Loan Charity – based at Leicester’s Friar’s Mill – provides people aged over 18 and under the age of 35 with business and education loans, which are interest-free over a period of nine years.
‘Creative food for creative people’ – it’s a simple philosophy, but one that has worked wonders for Sir Thomas White Loan Charity business loan borrower Graham Crewe, better known to many as Gray.
In 2014, Gray applied for a loan to establish Grays Coffee Shop and Kitchen, having learned of a space available at Leicester’s LCB Depot on Rutland Street, which houses a number of the city’s creative businesses.
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.