All Posts tagged Investment

Charity Hosts Leicester Business Festival Event for Aspiring Business Owners

Charity Hosts Leicester Business Festival Event for Aspiring Business Owners

The Sir Thomas White Loan Charity (STW) hosted its first-ever event for aspiring business owners at Friars Mill on Wednesday 31 October, forming part of the 2018 Leicester Business Festival.

‘Challenges and Triumphs of Business Start-Up’ allowed delegates to hear first-hand accounts of the journey experienced by two young business owners within Leicester, in addition to accessing insightful information regarding business planning, creating a financial forecast and the interest-free financial support available through The Sir Thomas White Loan Charity.

Speaking at the event were business loan borrowers and STW ambassadors, Hannah Myatt – owner of Skytribe Dance Studio, and Lee Tomes, who owns Orange Fox Productions.

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Success Story: Charity Delivers For Speedel Owner Shiraz

Success Story: Charity Delivers For Speedel Owner Shiraz

Knowledge and experience; two beneficial factors when starting your own business and assets that Shiraz Sidat possessed ahead of establishing his company, Speedel.

A Sameday business critical delivery service, Speedel provides bespoke solutions for its client base on a 24-7, 365-day-a-year basis. With the help of an interest-free loan from The Sir Thomas White Loan Charity, Shiraz was able to get Speedel off the ground and is now keen to share his experiences of starting a business with fellow aspiring entrepreneurs.

The 31-year-old, from North Evington, is to be one of the key speakers at The Sir Thomas White Loan Charity’s forthcoming Leicester Business Festival event, entitled Challenges and Triumphs of Business Start-Up, providing insight into his personal challenges.

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EVENT – Challenges and Triumphs of Business Start-Up

EVENT – Challenges and Triumphs of Business Start-Up

Join The Sir Thomas White Loan Charity for an event not to be missed for any young or aspiring business owner in Leicestershire.

Forming part of the 2018 Leicester Business Festival, the event – Challenges and Triumphs of Business Start-Up – takes place at Friars Mill from 9.30am on Wednesday 31 October 2018 and is completely FREE OF CHARGE to attend.

The three-hour long event is perfect for those aged between 18 and 34 who want to start, or have recently started, their own business.

Those in attendance will hear first-hand from young businesses who have experienced the challenges and triumphs of starting a business within Leicestershire, making the leap as a young person to become self-employed.

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Ten Interest-Free Loans Delivered To Young People In Leicestershire

Ten Interest-Free Loans Delivered To Young People In Leicestershire

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.

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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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Over £180,000 Approved In Interest-Free Loans

Over £180,000 Approved In Interest-Free Loans

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.

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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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Charity Alters Terms to Make Borrowing Easier

Charity Alters Terms to Make Borrowing Easier

The Sir Thomas White Loan Charity, based at Friars Mill (pictured) in Leicester, has adjusted a number of its terms and conditions so as to make it easier for applicants to obtain one of the Charity’s interest-free business and education loans – in some cases approving selected applicants unable to meet the guarantor requirements in full.

In addition, applicants may borrow an improved sum in order to support business start-up or development, or post-graduate study.

One of the county’s oldest charities, named after one of Leicester’s most generous benefactors, Sir Thomas White – who features on the city’s iconic clock tower, The Sir Thomas White Loan Charity provides loans to people aged between 18 and 35 to establish new businesses within Leicestershire and Rutland, in addition to smaller sums to support the cost of continuing studies for a post-graduate qualification.

Business loan applicants may now borrow up to £20,000 to assist with either a start-up project or to take a developing business to the next level. This move is a £5,000 increase on the total sum a business loan applicant could previously apply for.

Alongside this, the Charity has increased the total sum an education borrower may take out as an interest-free loan, with the new £10,000 figure a £4,000 increase on the previous maximum of £6,000.

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Charity Approves £87,500 in Interest-Free Loans

Charity Approves £87,500 in Interest-Free Loans

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.

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Two Entrepreneurs Benefit from Charity Loans

Two Entrepreneurs Benefit from Charity Loans

Two budding entrepreneurs from Leicestershire have been provided with the financial support to start up new businesses within the county, thanks to business loans provided by the Sir Thomas White Loan Charity.

The Charity, which provides interest-free loans of up to £15,000 to people aged over 18 and under 35, approved loans totalling £18,000 to assist with the setup of the two new businesses, following the most recent quarterly round of interviews with prospective borrowers. The two successful applicants will now be provided with a three-year period to get their businesses up and running, before commencing equal repayments over the following six years with no interest to pay.

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