investment ccartFinding it difficult to raise capital to grow or start your business?

Do you need equipment, premises or assets?

Perhaps we can help

Since 2005, CART has been assisting businesses across the length and breadth of Cumbria, providing them with the finance they need to achieve their aspirations for growth and development.

If your business (start-up or existing) is experiencing difficulty in accessing finance from mainstream lenders, such as banks, and you have a viable business proposition, give us a call.

We may be able to help.

About Us

Cumbria Community Asset & Reinvestment Trust Ltd is an Industrial and Provident Society Registered No 29830R. We are registered with the Financial Services Authority and licenced under the Consumer Credit Act 1974, Licence no 565982.s

CART is Cumbria’s only Community Development Finance Institution (CDFI) and the only rural CDFI in the north of England. This is a sustainable, independent organisation providing financial services across Cumbria with the aim of creating social improvement and business development returns.


CREA – Cumbria Rural Enterprise Agency

CRHT – Cumbria Rural Housing Trust

www.haveigotppiuk.comPPI claims company with a ppi calculator for loans

EDENHA – Eden Homes and Communities

FCSCT – Francis C Scott Charitable Trust

DEFRA – Department for Environment, Food and Rural Affairs

Frequently asked questions

Who are our customers?
People who are sole traders, partnerships or limited companies who would like to start a small business or develop their business further. New or established social enterprises such as cooperatives and voluntary organisations that have social benefit or community development as their objective.

What is special about CART?
We specialise in lending to people, businesses and organisations who have sound business ideas but have found it difficult to borrow elsewhere through for example, lack of security, no business track record, an unusual idea in a sector that does not attract mainstream support, previous business ventures may have been unsuccessful or have a poor trading history, seasonal businesses or are operating in the not for profit sector with a legal structure which makes normal funding difficult but where a high social return is the aim.

Do I have to approach a mainstream lender before coming to CART?
Yes. Before an application can be considered you will need to demonstrate that your initial request for business finance has been rejected by a mainstream lender, either in full or part.

Will I need to have a business bank account?
Yes. A business bank account is required for the efficient running and operation of your business.

What interest rate do we charge?
Interest rates are quoted on the Our Products page.

Is there an arrangement fee?
An arrangement fee of up to 2% of the loan amount will be deducted from the loan.

What information will you be asked for?
A completed and signed application form
A business plan which tells us who you are, your business objectives, how much you need to borrow, what you need the loan for and how the loan will be repaid. Financial information to show that your business and future plans are viable.

Is security ever asked for?
We do reserve the right to consider taking security.

Can I take a repayment holiday?
In some cases this may be possible.

Are there any penalties for early redemption?
There are no penalties for early redemption.

Latest News

August 2010 – Impact of Cumbrian business funder gets national recognition
CART has been recognised by Mark Prisk MP, Minister of State for Business and Enterprise, as playing an active part in supporting Cumbrian business.

March 2010 – Loans approved for Cumbrian businesses pass the £2 million mark
The Cumbria Asset Reinvestment Trust (CART) has now approved loans to Cumbrian businesses worth just over £2 million.

January 2010 – Cumbrian lender helps growing businesses
CART has been accredited by the Department for Business, Innovation and Skills to offer business loans of up to £50,000 under the Enterprise Finance Guarantee (EFG).

July 2009 – Loan to Barrow business takes CART past £1 million
CART has made a loan to Corporate Care Furness Limited, a domiciliary care provider based in Barrow in Furness, which has taken the total loaned to Cumbrian businesses beyond the £1 million mark.