£24m business loan fund

A £24m fund is being launched to help companies to develop across Greater Manchester. Manchester business loans will lend to firms that will create or protect jobs

Loan fund for Greater Manchester businesses

Loan available for Greater Manchester businesses Credit: PA

A 24 million pound fund is being launched to help businesses develop across Greater Manchester.

Manchester Business Loans will lend to new or existing companies that will create or protect jobs. Businesses will be able to borrow up to half a million pounds

The Government backed initiative is designed to help businesses that have been unable to secure funding from banks and to make it easier for entrepreneurs to access the finance they need to start up and grow their own enterprises.