Downtown in Business Business Loans (Art) foram nomeados hoje em empresa de pequenas empresas da Publication Business & Industry. Steve Walker diz: “Emprestamos onde os bancos são incapazes de atender às necessidades completas de pequenas empresas e empresas sociais. Embora o mundo seja um lugar muito diferente para quando começamos em 1997, a demanda por nosso tipo de finanças cresceu e nossa oferta de participação, por mais de 250 £ 250, que faz parte de um plano que é mais importante que seja o que há mais de £ 3 para atender à nossa demanda. A economia de Midlands, permitindo que as empresas acessem as finanças necessárias para sobreviver a condições desafiadoras, crescer e diversificar. "Nosso foco em ajudar grupos, ou áreas carentes, e na criação e preservação de empregos", diz Steve. A oferta fornecerá aos investidores um retorno financeiro e social, incluindo 5% do valor investido como dedução da fatura de imposto de renda ou corporação do investidor a cada ano por cinco anos usando o alívio dos impostos sobre investimentos comunitários.
The Award recognises the contribution ART has made to access to finance for small businesses in the West Midlands over 20 years and its pioneering Community Share Offer launched this year to raise additional money to lend from social investors.
Chief Executive of ART, Dr Steve Walker says: “We lend where banks are unable to meet the full needs of small businesses and social enterprises. Although the world is a very different place to when we started in 1997, demand for our kind of finance has grown and our share offer, through which we raised over £250,000, was part of plan to achieve further growth of our own to meet that demand.”
ART now has £3million to lend this year, which will support the West Midlands economy by allowing businesses to access the finance they need to survive challenging conditions, grow and diversify. “Our focus in on helping underserved groups, or areas, and on job creation and preservation,” says Steve.
A further Community Share Offer, open to individuals and companies, is scheduled for later in the year. The offer will provide investors with a financial and social return including 5% of the amount invested as a deduction off the investor’s Income Tax or Corporation Tax bill each year for five years using Community Investment Tax Relief.
For further information see ART’s website: www.artbusinessloans.co.uk/invest-in-art
You can find out more about how CITR works at www.gov.uk/government/publications/community-investment-tax-relief-citrr Downtown in Business.
