Productive Valley Fund
The Productive Valley Fund (PVF) supports growing businesses in the vibrant Upper Lee Valley area, encompassing Haringey, Enfield and Waltham Forest.
PVF supports manufacturing, production, cultural, creative/maker enterprises and green industries with access to loans ranging from £50,000 to £400,000. Loans are exclusively earmarked for capital purposes—covering building refurbishments and the acquisition of production equipment.
There is a flexible repayment period of 3 to 6 years with a competitive 7.5% interest rate. Monthly repayments via direct debit can be customised under a flexible payment plan and loans may be secured.
PVF requires that loans made to businesses lead to social value, such as jobs being created and businesses are expected to collaborate with the project to maximise job and apprenticeship opportunities for local residents.
Comprehensive business support, encompassing application and business plan guidance, complements the financial assistance.
Loans are administered by Haringey Council, in collaboration closely with the partner Councils of Enfield and Waltham Forest.