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Event: BCRS - Construction Loan Fund Launch.
Date: Thursday 28th February 2013
Venue: Molineux Stadium, Wolverhampton
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Key Speakers
Paul Kalinauckas - Black Country Reinvestment Society

 

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 don’t use impersonal computerised credit scoring and you will be able to talk to and meet one of our Business Development Managers to develop your loan application.

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
  • Networking in construction in an easy atmosphere
  • Enjoy the social side of the events
  • Seek help for yourself or your organisation – meet people who can help
  • Contribute to local procurement in Black Country construction
  • Introduce colleagues, customers and suppliers to a new opportunity to add value to themselves and their business
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