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Warwickshire based business applying for Local Communities & Enterpsie Fund loan

Local Communities &
Enterprise Fund 

Perfect for Warwickshire-based businesses that are struggling to access finance through their local bank

Local Communities & Enterprise Fund.

Are you looking to start up or grow your Warwickshire-based business? Do you need finance?

The Local Communities and Enterprise Fund (LCE) is specifically designed to support a range of SMEs, regardless of your trading status - micro businesses, smaller and medium businesses, start-ups, and social enterprises with loans between £1,000 up to £150,000.

warwickshire based business loan application

What is LCE?

The LCE is a new finance strand from the Warwickshire Recovery Investment Fund; this is a 5-year Warwickshire County Council access to finance initiative. This aims to support the economic recovery and future growth of Warwickshire.

Over the five-year period 2021/22-2025/26, the council is planning to invest £140m into three funding streams to provide new and additional finance options for businesses looking to invest and grow in the county. For more information, visit

Entrepreneur applying for a business loan with bad credit score

Eligibility Criteria.

  • you must be trading or going to start trading in Warwickshire or you must be in the process of relocating to the Warwickshire region.

  • you must be a micro, small, medium sized business or a social enterprise.

Documents Required.

Documents that we will need from you to support your loan application:

  • Business plan

  • Cash flow forecast

  • Management and audited accounts (if applicable)

  • Sales pipeline (if applicable)

  • Evidence of contracts (if applicable)

  • Credit reports

  • Bank statements for the last 3 months

  • CV (if trading under 2 years)

To be eligible to apply for LCE Finance, then your business must be registered in Warwickshire, or you must be in the process of relocating to the Warwickshire region.

Representative example for an unsecured business loan of up to £40,000.

Loan Amount:

Interest Rate:

Arrangement Fee:


Loan Term:

Monthly Repayments:

Total Cost of Loan:

Total Amount Repayable:



5% = £2,000 (added to loan)


60 months




Key Information.

  • Loans between £1,000 - £150,000

  • Interest Rate: 9.75% to 18.75% - the rate is based on the level of risk involved and the security available

  • Arrangement Fee: 5% of the loan amount, this can be added to the loan and repaid over the term

  • Minimum Term: 24 months

  • Maximum Term: 60 months

N.B. - Early repayment fees will apply


The Local Communities and Enterprise Fund is part of the Warwickshire County Council’s Warwickshire Recovery & Investment Fund


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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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