Lancashire Community Finance Preston (LCF Preston) is a vital community development finance institution (CDFI) serving the Preston area and wider Lancashire. Their core mission is to provide affordable and ethical financial services to individuals and businesses excluded from mainstream banking, fostering financial inclusion and economic empowerment within the community.
LCF Preston recognizes that access to credit can be a significant barrier to progress for many individuals and small businesses. Often, those with low incomes, limited credit histories, or those starting out struggle to secure loans from traditional banks. This is where LCF Preston steps in, offering tailored loan products and support services designed to meet the specific needs of their clients.
One of their primary focuses is on personal lending. They offer small loans to individuals for various purposes, such as covering unexpected expenses, purchasing essential household items, or consolidating existing debt. Unlike predatory lenders, LCF Preston charges fair and transparent interest rates, ensuring that borrowers can manage their repayments without being trapped in a cycle of debt. They also provide financial education and debt management advice, empowering individuals to make informed financial decisions and build stronger financial futures.
Beyond personal loans, LCF Preston also supports local businesses. They offer start-up loans to aspiring entrepreneurs who struggle to access traditional funding. These loans can be used for a variety of purposes, from purchasing equipment to covering initial operating costs. Furthermore, LCF Preston provides ongoing business support, including mentoring and training, to help entrepreneurs develop their business skills and increase their chances of success. By investing in local businesses, LCF Preston contributes to job creation and economic growth within the Preston area.
LCF Preston distinguishes itself through its commitment to ethical and responsible lending. They prioritize building strong relationships with their clients, taking the time to understand their individual circumstances and financial goals. They adhere to strict lending standards, ensuring that borrowers can realistically afford their repayments. Transparency is also key to their operations, with all fees and charges clearly explained upfront.
The impact of LCF Preston extends beyond individual borrowers and businesses. By providing access to affordable credit and financial support, they contribute to a more inclusive and equitable local economy. They empower individuals to improve their financial well-being, support local businesses to thrive, and strengthen the overall community.
Lancashire Community Finance Preston plays a crucial role in addressing financial exclusion and promoting economic opportunity. Their dedication to ethical lending practices, coupled with their comprehensive support services, makes them a valuable asset to the Preston community and a model for other CDFIs seeking to make a positive impact.
1974×2048 home lancashire community finance from www.lancashirecommunityfinance.co.uk 
2136×1844 lancashire community finance finding finance from www.findingfinance.org.uk 
1024×768 lancashire friend lancashire information preston community local from www.lancashirefriend.org.uk 
659×624 preston lancashire preston lancashire preston lancashire from www.pinterest.co.uk 
600×600 lancashire community finance start loans from www.startuploans.co.uk 
1200×630 central lancashire core strategy preston city council from www.preston.gov.uk 
1624×1064 preston family greater lancashire hospital open from greaterlancashirehospital.co.uk 
1200×630 housing preston city council from www.preston.gov.uk 
3872×2592 preston lancashire county hall preston lancashire preston lancashire from www.pinterest.co.uk 
4032×3024 preston lancashire rurbanhell from www.reddit.com 
464×300 resources preston partnership from www.prestonpartnership.org 
442×297 archive news lancashire county council news from news.lancashire.gov.uk 
1300×956 lancashire county council headquarters preston lancashire stock from www.alamy.com 
866×1390 lancashire county council headquarters preston stock photo alamy from www.alamy.com 
1300×960 lancashire county councils headquarters offices preston stock photo from www.alamy.com 
640×310 psm secured lancashires young people preston college from www.preston.ac.uk 
1300×956 lancashire county council headquarters preston uk stock photo alamy from www.alamy.com 
1024×677 experience preston lancashire from www.prestonguildcity.co.uk 
1300×956 lancashire county council offices preston stock photo alamy from www.alamy.com 
768×1024 social approach launched preston city council from www.marketinglancashire.com 
1300×956 lancashire county councils county hall offices preston england uk stock from www.alamy.com 
