The Automotive Council has no role in facilitating access to finance. The following information is intended to provide an overview of the wide range of funding options available from traditional bank lending, through to alternative non-bank finance provides.
Tooling Loan Fund
The £24 million Tooling Loan Fund has been set up help toolmakers and component manufacturers fund the design, development and manufacture of tooling or the expansion of tooling capacity.
Find out more: Tooling Loan Fund
Support from the Devolved Administrations
The Devolved Administrations have their own business support programmes and businesses in those locations should contact them directly.
SMMT Funding and Support Guide
A comprehensive list of funding, finance and support schemes is available for download at the SMMT website here.
The guide includes programme categorisation for easy identification of available schemes for information on UK, regional and European funding and support schemes, eligibility, descriptions, application information, contact details where appropriate and useful links.