Belfast-based software company Blue Zinc has received the first tranche of a £300,000 loan from the Growth Loan Fund which it says will help develop its new product Pronto, as well as creating seven new jobs. Finance for the £50m Growth Loan Fund – which…

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Year end sees busiest quarter for Growth Loan Fund
The last quarter has seen the busiest period of lending for the Growth Loan Fund with 12 loans totalling over £6m approved. Finance for the £50m Growth…

NI Small Business Loan Fund reaches £2.5m mark
The £5m Northern Ireland Small Business Loan Fund (the Fund) has distributed £2.5m in loans in less than two years to businesses across Northern Ireland.…

Software company expands through loan
Belfast-based Automated Intelligence (AI) has secured a significant loan from the Growth Loan Fund that will enable the company to accelerate its expansion plans into new domestic and export markets. Finance for the £50m Growth Loan Fund – which provides…

Grass Roots Renewables secures £250,000 UCIT loan
Grass Roots Renewables has received a £250,000 loan from the Ulster Community Investment Trust (UCIT) which has helped fund a new 250KW wind turbine at Tirkane, outside Maghera. UCIT provides affordable funding to community and social enterprise businesses…

Industrial wipes company cleans up with loan
An Antrim-based manufacturer and distributor of textile wipes has received a loan from the £50m Growth Loan Fund which will be used to increase the levels and range of stock to be exported throughout the UK and Irish markets. Finance for the £50m Growth…

Basketball Direct shoot for export markets
Basketball Direct located in Co Londonderry has received support from the Northern Ireland Small Business Loan Fund (the Fund) which they say will help finance working capital requirements and enable them to break into new export markets. The Fund is managed…