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Birmingham City Drive, 20th – 24th April, was organised by DigbethSocial Enterprise Quarter led by iSE (Initiative for Social Entrepreneurs) and Social Enterprise UK with the aim of raising awareness of the contribution social enterprises, like ART Business Loans, are making to the local economy. Social enterprises across the city staged events and hosted visits to showcase their work. ART was pleased to get involved by sponsoring an event on social finance.
ART Business Loans is one of the largest social enterprises in Birmingham and has raised money itself from social investors. Designed to fill a gap in the market that cannot be met on a purely commercial basis, ART has used individual and corporate social investment to leverage further public and private sector funding to build its lending pot and create a guarantee fund to underwrite loans. ART lends between £10,000 and £150,000 to viable businesses and social enterprises unable to meet any or all of their needs through the banks.
At the #BrumCityDrive event on Thursday 23rd April, Steve Walker, Chief Executive of ART, gave a presentation to participants on sources of finance for social enterprises and explained how ART had raised social finance. This was followed by an opportunity for five social enterprises to make a pitch for finance to a panel including Karen Leigh Anderson of Great4Good, Lisa Rushton of Key Fund and Andy King, ART Business Loans’ specialist in finance for social enterprises.Read more…
ART SUPPORTS BIRMINGHAM CITY DRIVERead Article
MAXIMUM LOAN SIZE RISES TO £150,000Read Article
TRIO OF TALENT FOR ART BOARDRead Article
LOAN APPLICATIONS REACH RECORD HIGHRead Article
NEW LOAN MANAGER SUPPORTS GROWTH AT ARTRead Article
ART MOVES TO SCIENCE PARKRead Article
ART SUPPORTS DIGBETH SOCIAL ENTERPRISE QUARTERRead Article
CHINESE LESSONS: ART WELCOMES VISITORS FROM CHINARead Article
ART SET FOR SIGNIFICANT EXPANSIONRead Article
ART DOUBLES ITS LENDING POT FOR SMEsRead Article