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Key Speakers Established in 2002, BCRS provides business loans ranging from £10,000 to £100,000. BCRS has developed an innovative model of lending, utilising capital from member investors in the co-operative, commercial bank finance and European funds. In response to the financial crisis BCRS also developed targeted loan funds in conjunction with Local Authorities to aid small businesses in their area, thereby securing jobs, growth and employment. Our loan fund has been especially designed to meet the needs of West Midland’s based businesses that are unable to get loans from traditional sources such as banks. We understand that getting business finance can sometimes be a problem. Lack of track record, unreasonable security arrangements, past financial problems or simply not meeting conventional credit scoring methods may be hindering the process. Our sole purpose is to
provide access to finance to enable businesses to grow and
prosper. We offer loans to businesses making a positive contribution to the social, environmental or economic well-being of the West Midlands. We lend to most market sectors including construction, engineering, IT services, manufacturing, service providers and wholesalers. As one of the country’s leading non-bank lenders, BCRS celebrated its 10th anniversary in 2012 having lent in excess of £12 million to SME’s in the West Midlands. Prior to the credit crunch BCRS was lending £500,000 a year. In 2013 it plans to lend £4 Million to meet the demand from small businesses that are unable to access all their financial requirements from the commercial banking sector.
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Club Benefits
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