BLS aims to ensure that good, commercially viable proposals do not fail from a lack of access to finance. Additionally, we want to support and encourage the creation, development and growth of Scottish businesses, helping them to trade regionally, nationally and internationally. This in turn will help contribute to, and strengthen, the local and national economy in terms of jobs, growth and wealth. Business Loans Scotland is a consortium of Scotland’s Local Authorities, set up to manage loan funds providing funding to new and growing small & medium sized businesses across Scotland. BLS builds on the success of previous loan funds; the West of Scotland Loan Fund (WSLF), the East of Scotland Investment Fund (ESIF) and the South of Scotland Loan Scheme.
Business Loans Scotland (BLS) is the Fund Manager for a £7 million loan fund, which seeks to invest in new and growing Scottish SMEs. Business Loans Scotland is also the trading name of the Scottish Growth Scheme - Business Loans Scotland Debt Finance LP (SL033447) and is fully financed by the Scottish Growth Scheme and the European Regional Development Fund (ERDF) through the European Structural Funds 2014 - 2020 Programme.
