Stoke on Trent Wolverhampton Dudley Telford & Wrekin Staffordshire Walsall Sandwell

History

Who we are

BCRS is a lender and manager of funds to provide access to finance for SME’s, through its Business Loan Funds.


What we do

BCRS provides business loans ranging from £10,000 to £150,000.

•    We support small and medium sized business up to 250 employees
•    Repayment period of 1 to 7 years
•    No early repayment charges


Our mission

To lend responsibly and with impact by meeting the demand from SME businesses unable to fully access finance from traditional sources.


Our vision

Based on our co-operative values, to be a resilient and widely recognised participant in the landscape of SME business finance, positively impacting on the economic well-being of our local communities.

Our values

BCRS subscribes to the following values, which guide everything we do:

Entrepreneurial, Understanding, Co-operative, Adaptive, Impactful, Empowering

Principles for Business

Integrity
A firm must conduct its business with integrity

Skill, care and diligence
A firm must conduct its business with due skill, care and diligence

Management and control
A firm must take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management

Financial prudence
A firm must maintain adequate financial resources

Market conduct
A firm must observe proper standards of market conduct

Customers’ interests
A firm must pay due regard to the interests of its customers and treat them fairly

Communications with client
A firm must pay due regard to the information needs of its client, and communicate information to them in a way which is clear, fair and not misleading

Conflicts of interest
A firm must manage conflicts of interest fairly, both between itself and its customers and between a customer and another client

Relations with regulators
A firm must deal with its regulators in an open and cooperative way, and must disclose to the appropriate regulator anything relating to the firm of which that regulator would reasonably expect notice

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BCRS Business Loans Limited is a registered society, number 29393R, under the
Co-operative and Community Benefits Societies Act 2014. We are authorised and regulated
by the Financial Conduct Authority (FCA), Firm Reference Number 722855.
For more details, please contact the FCA at register.fca.org.uk or on 0800 111 6768.
Copyright BCRS 2016 | All rights reserved