BCRS
Our loan fund has been especially designed to meet the needs of local businesses. We understand that getting business finance can sometimes be a problem. Lack of track record, unreasonable security arrangements, past financial problems or simply not meeting conventional credit scoring methods may be hindering the process.
As a mutual organisation, owned and run by our members, our purpose is to provide access to finance to enable local businesses to grow and prosper. We don't use impersonal computerised credit scoring and you will be able to talk to and meet one of our Business Development Managers to develop your loan application. We offer loans to businesses making a positive contribution to the social, environmental or economic well being of the Black Country, Staffordshire and environs.
Our Mission
To meet the demand for loans from small businesses, social enterprises and other organizations that contribute to the social, environmental and economic well being of the area but are unable to access finance from traditional sources such as banks
Our Co-operative Values
An ethical lending and investment policy based on honesty, openness, social responsibility and caring for others. A business led approach that pursues social values of self-help, self responsibility, democracy, equality, equity and solidarity
“We approached BCRS and HSBC because we knew we needed some financial security in order to expand – the orders were there but we needed financial flexibility to honour them and the injection of £50,000 will secure this. I’m really grateful to BCRS and HSBC, not least for the speed in which they made the decision to loan to us. The future is looking very positive indeed.”
John Lowe, Managing Director of Gator Ltd.
Press the play button to view the BCRS introductory video
