JOBS GROWTH OPPORTUNITY
INNOVATION ENTERPRISE
Key facts
| Status | CLOSED |
| Product | Withdrawable Shares |
| Investing in | Small businesses and social enterprises in disadvantaged communities |
| Offer opened | July 2019 |
| Offer closed | 24th March 2020 |
| Offer price, per share | £1 |
| Minimum investment amount | £500 |
| Maximum investment amount | £100,000 |
| Min. raise for offer to proceed | No minimum |
| Maximum raise | £500,000 |
| Location of project(s) | West Midlands |
Financial performance
ART Business Loans has a strong Balance Sheet and track record, including repayment of all loans made by banks and others over 20 years in line with terms and conditions.
Shares are offering Community Investment Tax Relief (CITR) - this gives a deduction of 5% of the amount invested from an investor’s Income Tax bill or Corporation Tax bill each year for five years.
Social performance
Since launch in 1997, ART Business Loans has lent over £27.5 m to more than 1,370 businesses that may have grown more slowly, or even ceased to trade, because they couldn’t obtain the finance they needed from anywhere else. Those businesses have safeguarded or created in excess of 7,500 jobs.
Business profile
Aims, social and financial performance, and how it's run
Offer document
The information on this website is only a summary of the offer document.
Before applying for shares the whole text of the accompanying share offer document and business plan should be read.
IMPORTANT INFORMATION FOR PROSPECTIVE INVESTORS
If you are in any doubt about the information on this website, the content of the accompanying prospectus or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.
Prospective investors should be aware that the value of the shares, which will not be quoted, cannot go up, but can go down. In addition, there is no certainty that investors will get back the full amount they invest.
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