13th October 2005

INVEST IN THE BLACK COUNTRY

The Black Country Reinvestment Society has launched a new investor drive to boost its £ ½ Million loan fund. The Society assists small businesses grow and develop by providing access to finance to those that are unable to get business loans from traditional sources such as banks. The loan fund is made up from members who join the society and subscribe to shares from £250 to £20,000 and benefit from up to 8.33% tax relief.

Chief Executive, Paul Kalinauckas said, “By making an investment in BCRS you become a member of a mutual and democratic society and join like-minded people keen to play a part in developing the future prosperity of the Black Country.”

Over twenty small businesses from narrow boat builders, fashion designers, printers and small manufacturers have been helped to grow and expand this year alone as a result of a loan from the society. This has in turn helped to create and develop economic activity in some of the most disadvantaged communities in the Black Country.

Application Forms for new member investors are available from the Black Country Reinvestment Society on 01384 342819.

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