ART Business Loans’ 2020 community share offer is now open!

Share:

Share on facebook
Share on twitter
Share on linkedin

Share:

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
ART Business Loans are delighted to announce that their Community Share Offer for 2020 is now open.

Following the success of their 2019 Community Share Offer, through which they raised over £250,000 to lend to West Midlands businesses, ART Business Loans are delighted to announce that their Community Share Offer for 2020 is now open. Once again they are working through the Ethex social investment platform.

Individuals and companies can invest between £500 and £100,000 and their investment will be eligible for Community Investment Tax Relief (CITR). The offer is open until 24th March 2020.

They’re aiming to raise an additional £500,000, which will be used to support the West Midlands economy through loans to viable business and social enterprises unable to access the finance they need from the banks. Their aim is to help such businesses survive challenging trading conditions, thrive and grow, which means they are also able to protect and create jobs.

In addition to knowing their money is being put to good use, investors will be eligible for a financial return in the form of tax relief.

CITR offers tax relief at 5% per annum of the sum invested over five years as a deduction off an investor’s UK income tax or corporation tax liability.  After five years shares may either be withdrawn or reinvested in ART.  You can find out more about how CITR works at www.gov.uk/government/publications/community-investment-tax-relief-citr

Read the share offer document: ART Community Share Offer Document 2020

Visit the Ethex platform for further information and to buy shares

Grow Your Business with Downtown

Downtown in Business is the fastest growing Business Networking organistion in the UK. Through our regular events we connect YOU to the right people to grow YOUR business. From Private Dinners for fifteen to Conferences for thousands we get the right people in the room for you!

DIGITAL CAKE APPOINTS NON-EXECUTIVE DIRECTOR

Birmingham-based agency, Digital Cake, has announced the appointment of Andy Brown as Non-Executive Director. The new appointment follows a successful year for the agency, with sales increasing by 80% in the last 12 months and trebling over the last three years.

Read More