Chamber Acorn Fund (Humber) Ltd
British Business Bank programme: Enterprise Finance Guarantee
Since its inception in 2004 Chamber Acorn Fund (Humber) Ltd (known locally as the Acorn Fund) has supported 1100 businesses, created 3760 jobs and helped grow the local economy by £130m.
The Fund was sourced initially from Hull City Council and now has funding from various sources including the European Regional Development Fund.
Chamber Acorn Fund (Humber) Limited is a not for profit company, limited by guarantee and a fully accredited Community Development Finance Initiative. We are a ‘gap funder’, operating across a large geographic area and committed to finding ways to support the financially excluded with commercial funding. We look for a viable business project which will create employment and provide a sustained benefit to the economy.
Since 2012 we have been proud to be partnered with the British Business Bank allowing us to offer loans with the backing of the Enterprise Finance Guarantee (EFG) scheme. This has allowed us to support even more businesses in circumstances where the lack of available security would prevent an otherwise viable proposition from proceeding.
Chamber Acorn Fund offers the Term Loan EFG variant.
If you have a business proposition within the Humber area, please contact us on 01482 324976 to discuss how we may be able to help.