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Coventry and Warwickshire Reinvestment Trust (CWRT) meeting small leamington spa based business

Cover up to the first 18 months of your loan repayment using the grant!

Duplex Investment Fund.

Duplex Investment Fund is a new way to help finance capital investments by local businesses. It combines public sector grants and loans to give you financial flexibility and ensure that your project proceeds successfully.

The value of the grant can be almost as much as the total interest payable on the loan.

It is delivered by FCA accredited lending specialists CWRT on behalf of Coventry City Council, Warwickshire County Council.

How does it work?

You receive a loan to cover the full cost of your capital investment project on day one. Once you have obtained and paid for your capital item(s) you receive a grant which is up to 40% of the total cost.

Engineering business applying for a n affordable business loan and a grant
positive review about CWRT from a coventry based business owner

Eligibility Criteria. 

You must:

  • Be trading in Coventry or Warwickshire.

  • Be able to demonstrate a minimum of 2 years of profitable trading.

  • Produce a sound business plan/forecast that demonstrates the need for a grant.

  • Create jobs as a result of the investment.

Loan Conditions.

As part of our assessment, credit histories for all sole traders, partners or directors must be provided. This will include full credit reports, and 3 months personal and business bank statements

Other loan conditions may include:

  • Personal/third party guarantees.

  • Debentures.

  • Charges on equipment or property.

Representative example of Duplex loan/grant.

Writing on Sticky Notes

Overall Project Cost:

Loan Amount:

Private Sector Investment:

Repayment Term:


Annual Interest Rate:

Arrangement Fee:



The Overall Cost:




60 months (57 monthly payments starting in fourth month following drawdown)

15.95% per annum

£6,500 (6.5% of the loan value)


£40,000 (40% - received once capital item(s) are obtained)


Key Information.

  • Loans are usually between £30k - £150k

  • Grant up to 40% of loan amount

  • Interest rate 15.95%

  • Arrangement fee 6.5%

  • Loan term of 60 months with monthly repayments

  • No early repayment in first 12 months, fees apply thereafter

  • Grants will not be paid if loan repayments are in arrears

Business loan and a grant application and support

Duplex Investment Fund is part funded by CWRTCoventry City Council, Warwickshire County Council and Midlands Engine


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Unless otherwise stated, we are the owner or licensee of all intellectual property rights in all material on the website. Reproduction of any form of content, information, imagery or data from our website is prohibited without our prior written consent. The website exists to give you information about our products and services. We will endeavour to keep the information on our website up to date. You should not rely solely on the information on this website – if in doubt about our services, please call us on 024 76551 777, we will be more than happy to talk you through the available options.

We are authorised and regulated by the Financial Conduct Authority (FCA), our Reference Number is 743876. Our company house number is 05188971.

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