Fredericks Foundation (FF) is a charity that helps people wanting to set up, or expand their own business as a means to achieve financial independence whilst rebuilding their confidence and self esteem, but are unable to access the finance required from conventional sources.
FF provide a comprehensive range of business support and microloan funding for start-ups and small businesses. In doing so they enable people who cannot access finance, through the usual channels, to realise their potential for the benefit of themselves and their families.
Fredericks Foundation South East has been lending in the region for 12 years now covering Berkshire, Surrey, East Sussex, West Sussex, Hampshire and Isle of Wight.
Their team of Client Managers work with people to prepare their business plans ready to present to the lending panel.
FF have made well over 900 loans to people denied bank funding to start their own business so if you are having difficulty raising finance through conventional sources please visit the loans page.
About the Fredericks Foundation
Fredericks Foundation was set up in 2001 by Paul Barry-Walsh, a successful entrepreneur in his own right who wanted to help others who aspire to run their own business but are unable to obtain the necessary support to do so. Most of Fredericks Clients choose self-employment as the best (and sometimes the only), route out of benefit-dependency.
As a result of the economic downturn, as well as helping people off benefits, Fredericks Foundation has branched out to assist existing companies in need of finance who are unable to obtain it from their bank.
The charity is funded in a number of different ways, including substantial donations from its founder on a regular basis. Over the years FF has been in receipt of funds from the European Social Fund and the Phoenix Fund. More recently FF has been securing funding from the Government's Regional Growth Fund, in partnership with the Community Foundation Network. FF also has a number of affiliated businesses that annually donate 1% of their profits as well as giving up some of their time in support of the work of Fredericks.
Fredericks believe that it will be many years, if ever, before the main Banks return to lending to this most risky of all sectors; and is laying plans to become a long-term sustainable presence in the UK, available to anyone who needs their help.