Inc & Co Capital launches low-interest loans to support creative businesses in Manchester


Manchester-based Inc & Co Capital Ltd, a sister company to Inc & Co, is launching low interest small business loans for start-ups and agencies in and around the Greater Manchester area.

As millions of workers expect to be “laid off” due to the current COVID-19 lockdown and small businesses struggle to access the funds and grants available to them, the low-interest loan program Interest from Inc & Co Capital is designed to take the hassle out of financial uncertainty.

Business loans of up to £20,000 will be available with no administration or setup fees and paid into their bank account within days. The low-interest program will help retain high-quality staff and provide a quick and affordable way to cover business overhead. The loans are available for digital and creative businesses, in and around the Greater Manchester area. Inc & Co Capital aims to provide financial support where it is needed and fast.

Jack Mason, Group CEO at Inc & Co, says: “It’s important to protect these types of businesses because that’s where some of the best innovation comes from. We created Inc & Co to help businesses succeed and it’s more important than ever to keep doing that.

“We don’t want any business to be left in the dark, which is why we offer our financial support to start-ups, technology and creative businesses in and around the Greater Manchester area.”

“It’s simple to apply, just fill out a form on our website, and we’ll take it from there. We aim to respond to everyone within a few days, so we should be able to start helping businesses straight away.

The government-funded Coronavirus Interruption Loan Scheme is rejecting a growing number of applications, meaning some small businesses are considering facing imminent financial hardship.

On March 20, 2020, the government launched the Coronavirus Job Retention Scheme, where the government will cover workers’ wages, up to £2,500 a month, if they are furloughed. This plan does not cover other business overheads that are necessary to run a successful business.

For more information, companies interested in applying should visit incandcocapital.com

ENDS
For further information please contact Claire, Public Relations Manager, 07740 357433 or press@incandco.com

* Inc & Co Capital was founded to help businesses feel empowered. By taking the worry out of money, it means businesses can focus on what really matters to them.

*Inc & Co Capital is part of the Inc & Co Ltd group, which was founded to help businesses work together. The Manchester-based company was founded in 2019 by Jack Mason.

* They have digital agencies in their collective, such as Cuhu, a software development company, Brass Agency, an award-winning digital marketing agency, and Neon, a digital marketing agency powered by new technologies.

* Inc & Co acquired Laundrapp, a service that offers on-demand dry cleaning and laundry right at the door.

* Inc & Co Property Group is also part of the group and was founded to devote time and resources to property investment. They recently acquired Prospect Business Centers.

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