Lanarkshire Enterprise Services Ltd
Digital Development Loan
The Scottish Government's Digital Development Loan is a new loan that's offered to Scotland's Small-To-Medium enterprises, and is to help drive digital capabilities and development among staff and production.
This Digital Development Loan starts at £5,000, up to a total of £50,000. The terms available are from 3 months to 60 months. There's no admin or set up costs, and the best part about it is, it's interest-free.
This loan has been offered to increase the digital capabilities of Scotland SMEs, of their workforce and their processes. If Scotland can compete well digital, then that's good for the entire economy and for those businesses. So that's why this loan's being offered. If you're interested in this loan, check your eligibility and you can apply online.
My top tip would be to contact your Business Gateway advisor, or if you have an account manager at Scottish Enterprise, contact them and they can help you with this process. If you're a business advisor, this is another tool that you can offer your client base that can help them to improve their digital capability.
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