£250,000 for region’s businesses raised through share offer
ART Business Loans (ART) has announced it has £250,000 to lend to West Midlabds businesses following the success of its recent share offer.
The cash was raised from individual investors, who will earn Community Investment Tax Relief (CITR) over the next five years, while their money – distributed in business loans - helps to boost the local economy.
Five per cent of the sum invested can be claimed as a deduction from income tax or corporation tax bills each year for five tax years.
The money from the share offer will be us... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...