Rosebud Loans

Rosebud was established in 1986 and is provided by Lancashire County Developments Ltd, the County Council's economic development company. This fund has helped more than 300 businesses, investing over £25 million in Lancashire based companies from small start-ups to large quoted operations.

Rosebud is owned by the people of Lancashire, and any profits and income made by the fund are recycled, providing further investment opportunities for new clients.

Rosebud is versatile, loans and equity funding is available for sums from £5,000 upwards - no business is too small or too large to qualify. Proposals are considered on their individual merits and all types of business investment are eligible for consideration. The fund is only available for companies either already based in Lancashire or those re-locating to the county.

Rosebud rates are competitive, the repayment interest rate is normally 2% above the Bank of England base rate and the arrangement fee is set at 2.5% (plus vat) of the total investment. A rosebud loan is usually over a term of up to five years and in certain circumstances capital repayment holidays may be arranged.

The best thing is that rosebud offers more than just finance - rosebud clients benefit from professional advice and help through our relationships with local support agencies.

Find out more information on Rosebud loans