FW Capital manages the £10 million Tees Valley Catalyst Fund which offers short-term loans for businesses that need to provide performance and warranty bonds or advance payment guarantees to their customers to enable them to win new contracts.
Loans from £100,000 to £2 million are deposited with the bank to secure the bond liability freeing up business cash for working capital.
Eligibility: Businesses with operations in Tees Valley, County Durham, Northumberland, Tyne & Wear and parts of North Yorkshire with TS or DL postcodes.
https://fwcapital.co.uk/get-business-finance/bidding-contracts
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