{"id":3443,"date":"2023-10-09T09:36:01","date_gmt":"2023-10-09T09:36:01","guid":{"rendered":"https:\/\/communityfinanceireland.com\/?p=3443"},"modified":"2023-10-09T09:36:06","modified_gmt":"2023-10-09T09:36:06","slug":"big-and-small-wheels-turning-at-gorilla-karts-with-support-from-northern-ireland-small-business-loan-fund","status":"publish","type":"post","link":"https:\/\/communityfinanceireland.com\/big-and-small-wheels-turning-at-gorilla-karts-with-support-from-northern-ireland-small-business-loan-fund\/","title":{"rendered":"Big and Small Wheels Turning at Gorilla Karts with Support from Northern Ireland Small Business Loan Fund"},"content":{"rendered":"\n
– NI Small Business Loan Fund makes \u00a32.3 million available to Co Tyrone businesses –<\/em><\/p>\n\n\n\n Cookstown-based go-kart and e-scooter retailer, Gorilla Karts<\/a>, is one of 84 companies in Co Tyrone to be supported by the Northern Ireland Small Business Loan Fund<\/a> since 2013, bringing the total allocated to businesses in the county to over \u00a32 million.<\/p>\n\n\n\n The Fund is managed by Ulster Community Finance Ltd (UCF) on behalf of Invest Northern Ireland and delivered in partnership with Enterprise Northern Ireland. UCF is a subsidiary of the social enterprise organisation Community Finance Ireland<\/a> (previously known as UCIT Ltd). Small businesses, sole traders and partnerships keen to develop their business can avail of loans up to \u00a3100,000, while start-up businesses can obtain initial loans of up to \u00a315,000.<\/p>\n\n\n\n Gorilla Karts was founded in 2006 by Andrew Hamilton.\u00a0From his premises just outside Cookstown, he sells a range of manual and electronic scooters, go-karts, hoverboards and accessories. \u00a0In 2022, Gorilla Karts secured \u00a375,000 funding from NISBLF to meet growing customer demand for products and the company\u2019s repair service.\u00a0<\/p>\n\n\n