The map below shows the Love Loughborough BID area. All businesses on the listed streets are included in the BID area meaning that they pay a levy which is calculated as 1.5% of the rateable value of its premises.
The levy is collected by Charnwood Borough Council on behalf of the BID company and transferred immediately to the BID company’s bank account – the income is then ring-fenced and used only to fund projects included in the business plan.