Businesses across Cheshire have secured Start Up Loans worth £6m, the British Business Bank has revealed.
Since inception, 544 loans have been provided to companies in Cheshire West and Chester.
Of all the Start Up Loans provided in the North West, 39 per cent went to female-founded businesses, totalling more than £2m. In addition, 62 loans in the region went to entrepreneurs aged between 18-24 years old, amounting to more than £455,000.
Delyth Edwards, senior network manager for the North West at the British Business Bank, said: "The positive impact the Start Up Loans programme has had and is having on the small business ecosystem in Cheshire West and Chester is evident through the £6m of funding we have delivered to businesses across the region. We've reached groups that have previously struggled to access funding, with female-led businesses receiving 39 per cent of the total loans provided. .
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