ART Business Loans

Access to finance for West Midlands businesses unable to meet their needs from the banks.

General Information
Industries
Finance, Financial Services +1
Funding Stage
Corporate Round
Product Stage
-
Business Model
-
Company Overview
Founded
1997
Employees
12
Location
Birmingham, United Kingdom
ART Business Loans - Company Details

Aston Reinvestment Trust (ART) is a Community Development Finance Institution (CDFI), founded in 1997 with a mission to provide access to finance for West Midlands businesses that are unable to meet their needs through traditional banking avenues. Owned by its members, both borrowers and investors, ART has been at the forefront of pioneering the CDFI model in the UK. The last investment of £2.00M in a Corporate Round at 03 March 2023 from Block demonstrates the continued confidence and support for the organization.

ART's primary focus is on lending to businesses that are unable to secure the full extent of their financial requirements from conventional banks, aiming to facilitate job creation and preservation. Operating within the financial services industry, it has contributed significantly towards the empowerment of viable businesses in the West Midlands. By offering financial assistance in cases where traditional lenders are unable or unwilling to provide funding, ART has played a crucial role in stimulating local economic growth.

As a CDFI, ART channels finance from member investors, including the public and private sectors, as well as individuals, to lend to businesses in the West Midlands. Its collaborative approach, often working alongside traditional banks and other financiers, showcases a commitment to bolstering business resilience in the region. With a strong emphasis on community impact and poverty alleviation through enterprise, ART Business Loans continue to be a pivotal driving force in the local economic landscape.