Foundation East

Are you looking for a loan and have a good business plan? Have you been turned down by a bank? Then Foundation East might be able to help

Not in my back yard!

Changing NIMBY’s to IMBY’s – The Case for Community Land Auctions

The biggest symbol of the failure of Britain’s planning system is the huge rise in the ratio of house prices to incomes. In the East, the average house price in 2010 was nearly eleven times the average annual wage. To obtain a mortgage [...]

Congratulations

All the staff at Foundation East celebrated the wedding of their colleague Business Loans manager, Bob Shimmon last Saturday.

Congratulations to Bob and Claire. Thanks for a great evening and we need to see a business plan if you wish to apply for a loan to finance the long-term relationship. The cash flow [...]

Not all news is bad news

Catherine Wheatley from The Sunday Times discusses the importance of Community Development Finance Institutes in the local and national economy in her article that was released on the 15/01/2012.

David and Penny Beech despaired when their bank refused to lend their mast-making business, Sailspar, the money for materials to fulfil a big order.

The [...]

We don’t all hang about on the street corner

I have now been working with Foundation East for two months and gratefully receiving pay cheques. I have now been mildly coerced into writing for this blog. The question was and still is what d I write about because there isn’t much going on up top. So after some guidance from the old boss [...]

Good Tidings We Bring, To You and Your Kin

OK, there is a lot of bad news around. Or rather bad news is publicised more than good news.

Good news does not, at most times, sell enough newspapers, or attract enough viewers or listeners. Then at this time of the year programmes come along such as Noel’s Christmas Presents with fantastic good news [...]