Rosebud provides finance from £10,000 to £300,000 (subject to eligibility).
With Rosebud business finance we can help aspiring companies to develop technology and innovation, acquire plant and equipment, and complete mergers and acquisitions. Finance is available as loans or a combination of equity and loans, known as mezzanine finance.
As well as funding your growth ideas, Rosebud also includes complimentary support and advice that’s tailored to your needs. You’ll get ongoing hands-on support from your designated Rosebud Account Manager including half-yearly meetings to review your growth plans – which we know was valued by the businesses we’ve helped.
We’ve had some excellent feedback on Rosebud, including:
“The funding has helped enormously with our expansion plans, allowing us to grow the team and develop the business.”
– Rob Scott, Denwa
“The first and second rounds of Rosebud funding helped to build confidence in the company and attract other investors.”
– Mike Riding, PI Instruments
Pavement Testing Services video:
Who is it for?
Supported businesses should be based in the Lancashire County Council administrative area (which excludes Blackburn with Darwen and Blackpool) or relocating to this area. Rosebud is looking to support growing businesses in the following high growth business sectors: advanced manufacturing; aerospace; finance and professional; creative and digital; energy and environment and health. Companies in other sectors can be considered but will need to demonstrate that funding will bring positive benefits to the local economy.
Rosebud aims to create an increasing number of better paid jobs. If your plans have good turnover projections and profit margins, and will enable new jobs to be created above the average weekly wage, specifically graduate level or above, we want to hear from you.
How does it work?
- Complete our online application form
- One of our advisors will be in touch to discuss your application in more detail
Rosebud loans are offered at a competitive interest rate with a one-off admin fee.
Loans are typically taken out for three to five years. And there’s no penalty for early repayment. You’ll need to disclose if you’ve got a bad credit history, but it won’t necessarily stop you from getting funding.