All Posts tagged loans

Over £100,000 Approved In Interest-Free Loans

Over £100,000 Approved In Interest-Free Loans

The Sir Thomas White Loan Charity is pleased to reveal that a total of £114,560 has been approved in interest-free loans in December 2018, which will be used to establish or develop four businesses within the county and allow a further eight individuals the opportunity to study for postgraduate qualifications.

Among the business ventures to benefit from the interest-free loans provided by The Sir Thomas White Loan Charity are a personal trainer, a fashion brand designer and a creative business.

Meanwhile, students successfully accessing an education loan from the Charity will now go on to study in the fields of audio production, law, and training to become an associate physician.

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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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Over £140,000 Approved As Interest-Free Loans To Young People In Leicestershire

Over £140,000 Approved As Interest-Free Loans To Young People In Leicestershire

The Sir Thomas White Loan Charity has approved 11 interest-free loans in their second quarterly application window, totalling £140,900 which will be used to establish or develop a new business in Leicestershire, or allow for individuals to study at postgraduate level.

One of the city’s oldest charities, The Sir Thomas White Loan Charity – established in 1542 – provides loans of up to £20,000 to aid the start-up or development of businesses within Leicester, Leicestershire or Rutland, and loans of up to £10,000 to aid local students’ postgraduate study anywhere in the world.

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Over £70,000 Approved in Opening Quarter of 2018

Over £70,000 Approved in Opening Quarter of 2018

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.

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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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Ten Interest-Free Loans Approved by STWLC This Quarter

Ten Interest-Free Loans Approved by STWLC This Quarter

The Sir Thomas White Loan Charity, based in Friars Mill in Leicester city centre, is delighted to announce that a total of ten interest-free loans were approved this quarter, totalling £99,190.

Providing nine-year interest-free loans to assist business start-up or development in Leicestershire and Rutland, alongside loans on the same terms for students requiring financial support to study for post-graduate qualifications, The Sir Thomas White Loan Charity’s latest figure takes the grand total approved this calendar year to £211,555.

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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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Introducing… Recommend a Friend

Introducing… Recommend a Friend

HAVE A FRIEND EAGER TO SET UP A BUSINESS?

FANCY A £100 AMAZON VOUCHER?

The Sir Thomas White Loan Charity is delighted to unveil a brand-new Recommend a Friend initiative; an opportunity available to past or current borrowers of the Charity, launched with a view of helping more aspiring business owners make their dreams a reality.

The concept is simple – if you have a friend that is keen on starting up their own business, put them in touch with The Sir Thomas White Loan Charity.

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