Rosebud is designed specifically for Lancashire businesses. We offer loans with complimentary business support for growing businesses in the County Council’s administration area, provided by Lancashire County Developments Ltd (LCDL), which is a wholly owned subsidiary of the council and is delivered by GC Business Finance.

Is it for you?

Rosebud aims to provide a more flexible approach to finance for businesses of all shapes and sizes across Lancashire. Our Rosebud team has worked hard to ensure that businesses have a fast and flexible way to access finance for their business and fuel further growth.

Loans are available from £10,000 to £300,000

Businesses in the 12 local authority areas are eligible for the funding: Burnley; Chorley; Fylde; Hyndburn; Lancaster; Pendle; Preston; Ribble Valley; Rossendale; South Ribble; West Lancashire; Wyre.

Businesses should be based in the Lancashire County Council administrative area or relocating here.

More than just finance

Rosebud aims to support the growth of Lancashire businesses and the economy. We’re looking to support businesses to become more resilient and sustainable, including the creation and retention of jobs as well as scaling their growth plans.

Rosebud includes access to complimentary support and advice that’s tailored to your needs to give your business the best chance of success.

You’ll get ongoing hands-on support from your designated Rosebud Account Manager throughout your business journey including half-yearly meetings to review your growth plans.

You can also access and tap into a vast array of services (subject to eligibility) through Boost , a central point with connectivity to a range of invaluable programmes designed to stimulate and support business growth.

Get extra funding

A loan from Rosebud could be the stepping-stone you need to unlock further finance in the future.

The funding landscape has changed in recent years. Banks will often no longer lend on their own – they may want businesses to source other funding. This could be Rosebud.

At Rosebud we are driven to support businesses of all shapes and sizes across Lancashire and that’s why we’ll work with your existing banking partners or other finance lenders to help your business unlock capital.

Rosebud 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.

Key facts

• Loans provided between £10,000 and £300,000 for ambitious growing businesses seeking to expand their workforce
• Interest rates typically will be between 7-14% with an admin fee of 2.5% (talk to us about flexible options for payment)
• Loans are typically taken out for three to five years.
• You’ll need to disclose if you’ve got a bad credit history, but it won’t necessarily stop you from getting funding

Full details of how we process your personal data, who we share personal data with and your rights with respect of your personal data can be found on our privacy notice

How to apply

Accessing our quick online application makes it easy to send us your details to see how Rosebud could help you and your business.

Contact : rosebud@growthco.uk

To find out more about the funding and finance services available to Lancashire businesses to fast-track their growth, visit the Lancashire Funding Hub.