Scottish Microfinance Fund Loans

Scottish Microfinance Fund Loans

The Scottish Microfinance Fund (SMF) is managed by DSL Business Finance Ltd (DSL) with the support of UK Government through the Start-up Loans Company (SULCo) and the European Regional Development Fund (ERDF) to provide loans of up to £25,000 to businesses in Scotland.

The SMF is available to both new and established businesses, with a prime objective of supporting enterprise in Scotland.


  • Just a 6% interest rate
  • No admin or early repayment fees
  • No hidden charges


The application process for the SMF is simple, quick and effective. If a business hasn’t met the criteria with other loan providers, we could still help you to achieve your business goals.

All applicants are assigned a Loan Officer throughout the process and receive face-to-face, pre and post loan drawdown support. Our friendly team are here to advise and support you every step of the way. Get in touch to find out more.

The loan calculator is designed to help you work out what your total and monthly repayments will be, depending on the loan term and amount you choose. We offer loans from £500 to £25,000 at a fixed interest rate of 6% per annum (6.168% APR) and you can choose a loan repayment term between one to five years. The APR remains the same for the loan amount and duration.


An example for Illustrative purposes

Annual Interest Rate (fixed) is 6% p.a. (6.168% APR) based on borrowing £12,500 and repaying over 5 year in 60 monthly repayments of £241.66 each with total amount repayable of £14,499.59.