Small Business Boost video transcript
This is the transcript for the video on the Small Business Boost page.
[Narrator] Want to grow your business, develop a new product or service, introduce new technology, invest in a new process? Small Business Boost offers interest-free loans £26,000 to £99,000 repayable over a period of five years.
Based in or relocating to Kent and Medway, a small or medium-sized Enterprise, have at least 20% match funding, protecting or creating jobs, operating in an eligible sector?
A small business boost loan could be for you.
Want to apply? This is how it works:
Stage 1: complete an online pre-application form. We can then check your eligibility.
Stage 2: if you meet our criteria, you'll have 25 working days to submit a full application online. For this, we'll want to see:
- a robust business plan
- CVs
- a project profile
- audited accounts
- cash flow
- management accounts
- bank statements
- evidence of match funding
- statutory credit reports
We're also interested in your supply chain and how you're reducing your carbon footprint. Make sure you submit all requested documents to give you the best chance of success. If you’re just starting out, we understand you may not have all the documents on the list.
Stage 3: you'll present your project to members of our investment board who will advise KCC of their decision. Once the contracting process is complete, you'll receive your loan.
It's as simple as that. Want to know more? Our guidance notes are available on request by email and to download from our website.
Email kmbf@kent.gov.uk
Website www.kmbf.co.uk
Ready for the next step? Apply now.
[Caption] Small Business Boost logo.