Business Loans

Thamesbank Credit Union are now able to offer loans to businesses in partnership with Financing Enterprise, who manage and administrate the business loans. There are three types of business loan available and you can apply online using the button below (NB: Please do not contact Thamesbank Credit Union directly about these loans as we are not involved with the administrative process).

About Financing Enterprise

Financing Enterprise are a social enterprise (not-for-profit) set up by the same people behind North London Credit Union. They have nearly 30 years’ experience of business lending and support in London and the South-East. There aim is to provide accessible, professional business finance to people from all backgrounds. They are fully regulated by the Financial Conduct Authority (FCA).

Apply Now

Business Loans Available:

Start-Up Loan

If you have a business idea and need some support to get it off the ground, you might benefit from a start-up loan. Our friends at Financing Enterprise are an official delivery partner of The Start Up Loan Company and can help you plan and finance your new business and turn your dream of working for yourself into a reality!

Financing Start Up Enterprise offers:

  • A loan at just 6% per annum (equates to 6.2% APR)
  • Free advice and help with your business idea
  • Free business mentoring and support after you take out your loan
  • Valuable corporate offers on products and services to help on your way

See full terms and conditions: T & C for Start-Up Loans

Sharia-Compliant Start-Up Funding

Financing Enterprise is pleased to be the first delivery partner to offer a fully certificated Sharia finance model (certified by the Sharia Supervisory Board of Gatehouse Bank). Based on a profit-sharing Mudaraba model, the programme offers the same benefits as the original Start Up Loan:

  • Finance at just 6% profit-share
  • Free advice and help with your business idea
  • Free business mentoring and support after you take out your loan
  • Valuable corporate offers on products and services to help on your way

See full terms and conditions: T & C for Sharia Investments

Funding for Existing Businesses

We have various funds available to make loans to companies that have been running for around 18 months or more, through our partnerships with the North London Credit Union and with local social enterprises.

  • Competitive rates, from 12.68% APR
  • Loans of up to £15,000
  • Decisions made quickly, by real people, based on a true assessment of your business
  • Businesses based outside North London need to join the London Enterprise Club for a small fee (currently £35 per year)
  • No hidden extra costs, fees or charges, even for early repayment
  • We can often lend even if you have been refused finance elsewhere

See full terms and conditions: T & C for Growth Loans

Apply Now!

To enquire or apply for any of these loans, please click on the button below. (NB: Please do not contact Thamesbank Credit Union directly about these loans as we are not involved with the administrative process).

Apply Now

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