Parity Trust believes in the importance of local businesses to the economy.
We aim to assist in the growth of sustainable, successful enterprises across our local area, generating prosperity and promoting aspiration of opportunity within our community.
We will achieve this through the development and delivery of innovative financial products and support services that meet the needs of the local business community. Our primary focus will be on social enterprises and charities trading on a not-for-profit basis.
Parity Trust is currently reviewing its services and products to deliver against these objectives. At the present time, we are not in a position to accept unsecured loan finance applications for business start-ups or firms seeking cash flow injections for expansion, outside of our enterprise loan fund (see below).
Amongst our new products, we are developing a new service for social enterprises and community organisations which will provide support for those entities seeking to grow their assets and initiate new project work.
We have also been working on an enterprise loan product with the University of Portsmouth, for details, see our enterprise loan fund page - along side this, Parity Trust will be delivering the Start-Up Loans scheme in partnership with WSX Enterprise, see our start-up loans page for more information.