Tees Valley Catalyst Fund - North East England

Provides the cash security required for performance and warranty bonds for any company in the North East.

How much you can get

£100,000 to £2,000,000

The limit is £4m to a business in any 36 month period. 

Who it’s for

Your business must be based in north east England, including County Durham, Darlington, Gateshead, Hartlepool, Middlesbrough, Newcastle, North Tyneside, Northumberland, Redcar and Cleveland, Stockton on Tees, South Tyneside, Sunderland and parts of Hambleton, Richmondshire, Ryedale, and Scarborough.

Companies can apply more than once.

What you can get

The loan provides the cash security required for performance, warranty or advanced payment bonds, to provide access to large contracts.

How to apply

You’ll have a conversation or meeting to discuss the project. You must then send a business plan and details of the contract you’re bidding for.

You’ll be given a decision in principle within 1 to 2 weeks, and have a deal completed in 6 to 8 weeks.

Organiser

Tees Valley Unlimited and FW Capital

Find out more on the FW Capital website

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