About the Fund
MEIF Maven Debt Finance offers an attractive alternative to bank funding or other forms of traditional finance, making business loans of up to £1.5 million. The Fund is focused on providing flexible debt funding across the Midlands, covering the ten Midlands Local Enterprise Partnership (LEP) regions: Black Country, Coventry & Warwickshire, Greater Birmingham & Solihull, The Marches, Stoke & Staffordshire and Worcestershire in the West Midlands; and Derby, Derbyshire, Nottingham & Nottinghamshire (D2N2), Greater Lincolnshire, South East Midlands and Leicester & Leicestershire in the East Midlands.
Across the MEIF territory many viable, dynamic SMEs with innovative products and services, strong business plans and highly capable management teams, are struggling to access the funding that will allow them to truly fulfil their potential. MEIF is focused on supporting the growth aspirations of companies that can contribute to regional economic development, job creation and innovation. Its objective is to produce greater levels of funding to smaller businesses, and increased flexibility in the type of funding available.
* Please note that the finance available is not able to be used to fund acquisitions.