Rosebud Micro provides finance from £10,000 to £49,000, while Rosebud Business Finance provides funding from £50,000, along with a package of customised business support and advice.
With our Rosebud Micro finance companies could get £10,000 to £49,000 to support their plans. As well as funding your growth ideas, Rosebud Micro also includes complimentary support and advice that’s tailored to your needs.
You’ll get support from locally-based sector specialist advisors to help fuel your growth. This includes hands-on support, including half-yearly meetings with sector specialists – which we know was valued by the businesses we’ve helped.
Rosebud Business Finance
This is a bespoke package, with terms and conditions tailored to your business. Rosebud finance helps aspiring companies to develop technology and innovation, acquire plant and equipment, and complete mergers and acquisitions. Finance from £50,000 to over £1million is available as loans, equity or a combination of both.
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
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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 (currently £443), 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 Micro loans are offered at 4% above the Royal Bank of Scotland base rate, with a one-off 2.5% admin fee.
Loans are typically taken out for three to five years – with 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.