Welcome to East Lothian Investments
East Lothian Investments Ltd (ELI) is a limited company by guarantee with no share capital that is a not for profit organisation which offers interest free loans of up to £10,000 to businesses within East Lothian. It is authorised and regulated by the Financial Conduct Authority (FCA).
The purpose of ELI is to develop, grow and modernise the economy of East Lothian and create employment opportunities. The loan fund is open to all sectors and businesses to apply. To date, ELI has awarded in excess of £2.6m in loans to 310 businesses, which has created 687 jobs in East Lothian.
ELI is an armís length company of East Lothian Council and the fund is managed by employees of the council but governed by a Board of Directors. The board of directors comprises of two East Lothian Councillors and three private sector business people who provide their time free of charge to the company.
It is promoted along with other sources of commercial funding by ELC business advisers delivering the Scottish Government Business Gateway start up and growth contract. Advice and support will be given by the Business Gateway advisers.