North of Tyne Investment – Loans

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Loans 

Through the North of Tyne Culture and Creative Investment Programme we will invest £1.5m in loans in the North of Tyne’s cultural and creative industries.  

Applications are encouraged from ambitious organisations looking to establish innovate products, services and business models that recognise the new trading environment for cultural and creative businesses.   

Our offer: 

Loans of £50,000 – £150,000  

Interest 0-10% 

No management fees or early repayment charges  

Six-month repayment holiday as standard  

Repayment terms up to a maximum of 5 years  

Investment is available for: 

  • Costs of developing new revenue-generating cultural and creative products and services  
  • Diversification into new forms of practice  
  • The development of new business models  
  • General business growth  

For companies who: 

  • Are based in the North of Tyne (Newcastle, North Tyneside or Northumberland)  
  • Operate within the cultural or creative industries  
  • Able to provide a suite of financial information to demonstrate they can service the loan