We have a number of businesses within Caerphilly, Blaenau Gwent and Newport who have payroll deduction set up with us enabling their employees to save by having monies deducted from their salary and sent direct to us.
Money invested in Smart Money Cymru benefits the local community not shareholders.
We currently offer fantastic low rates on loans for those who pay via payroll deduction.
There are a number of benefits to you as an employer in providing this facility to your staff, these include :-
In turn your staff will benefit from the following :-
Micro Business Loan Fund
WCVA in joint partnership with Coalfields Regeneration Trust and Welsh Credit Unions has been awarded a contract by Finance Wales, with funding provided by Welsh Goverment, to provide micro loan investment into enterprising third sector organisations across wales.
The fund is aimed at providing micro loan finance to third sector organisations that want to expand or start enterprising activity that will generate income and create jobs in communities across wales. The available finance can be used to fund revenue or capital investment.
If you are interested in applying for the available finance you will need to work with your appointed loan officer to complete an application form. This application form along with accompanying financial projections forms the basis of the the information provided to the project's credit panel for assessment and investment decision.
Interested organisation will in the first instance need to speak to a loan officer to confirm eligbility and suitability for the available finance before an application form is issued.