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Ten Loans Approved in Latest Quarter by The Sir Thomas White Loan Charity

The Sir Thomas White Loan Charity is pleased to reveal that a total of £101,300 was approved in interest-free loans for people in Leicestershire in the third quarter of 2021.

One of the county’s oldest charities, having been established in 1542, The Sir Thomas White Loan Charity provides interest-free loans to people within Leicestershire and Rutland, either to fund postgraduate education or to enable people to start or develop businesses.

In the latest quarter, three business ventures are set to benefit from a collective £40,000, including a beauty salon and café.

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Over £170,000 Approved in Unique Loans to Benefit Businesses and Postgraduate Education Ventures

The Sir Thomas White Loan Charity is delighted to announce that a sum of £174,400 has been awarded in interest-free loans to people within Leicestershire, following the conclusion of the charity’s second quarter of 2021.

One of Leicester’s oldest charities, having been established in 1542, The Sir Thomas White Loan Charity provides loans to people within Leicestershire which are truly unique. Loans awarded by The Sir Thomas White Loan Charity are completely interest-free, with borrowers having a three-year rest period before equal monthly repayments commence over the following six years.

In the second quarter of the year, a total of 10 interest-free loans, totalling £134,400 have been awarded. Ventures that are set to benefit from the charity’s funding include a haulage company, a clothing brand and a tattoo artist.

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A Bespoke Touch to Special Days

Getting married is unquestionably one of the happiest days in anyone’s life.

However, ask anybody who has attempted to organise a wedding and you’ll likely find that, whilst the wedding day itself is joyous, the stressful moments building up to it are many and frequent!

One business assisted by one of The Sir Thomas White Loan Charity’s interest-free loans is working to alleviate that stress – The English Wedding Co.

Founded by Hayley-Dawn Belcher, the Syston-based company delivers bespoke décor to provide the unique look and feel to any happy couple’s special day. However, what’s key is that The English Wedding Co. caters for those happy couples that are looking to create that bespoke aesthetic on a budget.

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£34,750 Approved in Interest-Free Loans in Opening Quarter of 2021

The Sir Thomas White Loan Charity approved four interest-free loans, totalling £34,750, following the conclusion of its opening quarter for 2021.

Based at Friar’s Mill in Leicester, The Sir Thomas White Loan Charity – established in 1542 – provides interest-free loans to people aged over 18 and under 45 in Leicestershire and Rutland, to aid business start-up or development, or postgraduate education.

Of the four loans approved in March 2021, three will be utilised by students within or from the county, to enable them to continue education at postgraduate level. A total of £25,000 was approved to support students, two of which will be participating in an MSc in Mental Health and an MSc in Doctoral Studies.