Business innovation
Michelin Development Business Loan Scheme.
Loans for growing North Staffordshire businesses that create jobs, where the banks have said no.
Open to the wider business community.CostLoans from £5,000EligibilityNorth Staffordshire businessesFunded byMichelin Development
What's involved
What you get.
A genuinely different source of finance: patient, job-linked lending for viable businesses that fall outside standard bank criteria. Decisions are made locally by people who will visit your premises.
Loans on fair terms
Competitive fixed-rate lending, typically alongside your own investment, with no penalty for early repayment.
Linked to jobs
Lending is tied to the jobs your growth will create — that is the point of the scheme.
Business support alongside
Applicants get advice on the plan itself, not just a yes or no on the money.
Next steps
How to get started.
Talk to the Chamber first about whether your plan fits. A strong application needs a clear growth plan and realistic job numbers.