Falkirk Council Business Restart Loan
Last Updated: 01 Jun 2023
Contents
Support provided by
Falkirk Council
What does this involve?
The Business Restart Loan offers interest-free loans of between £1,000 and £5,000 to small or medium-sized enterprises (SMEs) in the Falkirk Council area that have been adversely affected by the coronavirus (COVID-19) pandemic and are facing short-term cash flow issues as a result.
Am I eligible?
Eligible businesses must be able to demonstrate that they:
- have been adversely affected by COVID-19
- have the ability to grow and create employment
- have been trading for a minimum of 6 months
- are located within the Falkirk Council area
- are a small to medium-sized enterprise (SME)
What does this cost?
The interest rate is fixed at 0%. There is no administration fee.
Loans will be repaid by monthly Direct Debit instalments from an established business bank account over a period of up to 3 years.
A repayment holiday may be granted at the absolute discretion of DSL Business Finance Ltd.
Who is this for?
Small to medium-sized businesses (SMEs) located in the Falkirk Council area that were adversely affected by COVID-19.
How long does this take?
The process takes approximately 2 weeks, depending on your business's circumstances.
Next steps
Visit the Falkirk Council website for more information and to submit an enquiry.
Support provided by
Falkirk Council