General News

Estate Tea Company brews up growth

Tom Webb, Founder of Estate Company with Finance For Enterprise Business Lending Manager Jeremy Meadowcroft

A specialist tea merchant, which sources some of the rarest and most unusual varieties of Britain’s favourite brew, is hoping to tap into Newcastle’s bustling night scene by pioneering a unique day-into-night venue at its Heaton-based headquarters. The Estate Tea Company was launched in 2014 by Tom Webb, who drew inspiration from a project heRead more

Saphex turns up the heat on future growth plans

A Sheffield based engineering company, which is helping businesses recoup thousands of pounds in energy costs, is turning up the heat on its future growth plans after calling on help from Finance For Enterprise and the Northern Powerhouse Investment Fund. Headquartered at Sheffield’s Century Park Industrial Estate, Saphex manufactures, designs and repairs a wide rangeRead more

Finance For Enterprise & NPIF help Biobax acquire Aqua Air

A Huddersfield-based manufacturing company is setting its sights on significant growth and expansion after calling on Finance For Enterprise to scale production of an innovative range of microbiological cleaning products, following the successful acquisition of one of its competitors. Biobax produces a diverse range of environmentally friendly products including sustainably sourced paper straws, hand sanitisersRead more

Highfield Gears & Machining Ltd ratchets up business growth

A specialist industrial and commercial gearbox engineering company, which has been trading for nearly a century, is targeting a new phase of growth after securing £100,000 in loan funding from Finance For Enterprise and NPIF – BEF & FFE Microfinance, which is part of the Northern Powerhouse Investment Fund (NPIF). Huddersfield-based Highfield Gears specialises inRead more

Experienced lending manager weighs in at Finance For Enterprise

Finance For Enterprise has welcomed experienced business lending manager Gurinder Mandir. Former banker Gurinder will be responsible for helping SME businesses across the UK to access a range of different lending packages to help them plan for future growth, but who are typically unable to secure financial support from traditional high street lenders. Gurinder joinsRead more

NPIF – BEF & FFE Microfinance reach £10 million lending milestone

NPIF – BEF & FFE Microfinance, managed by the Business Enterprise Fund (BEF) and Finance For Enterprise (FFE) and part of the Northern Powerhouse Investment Fund (NPIF) have successfully provided over £10 million of loans to help businesses in the region overcome barriers to growth. Appointed in 2017 to deliver NPIF – Microfinance loans toRead more

NPIF & Finance For Enterprise funding fuels growth for Grimsby engineering specialist

A Grimsby-based manufacturing company, looks to create eight new jobs and target multi-million-pound growth after securing a loan from alternative lending provider Finance For Enterprise and the Northern Powerhouse Investment Fund (NPIF). Operating from Grimsby’s Enterprise Village, Smartflow Couplings now specialises in manufacturing innovative hose couplings which are used to improve both safety and efficiencyRead more

New funding released by Northern Powerhouse Investment Fund to help local SMEs

Businesses across Yorkshire and the Humber, and Tees Valley are set to benefit from an additional £5m of funding from NPIF – BEF & FFE Microfinance, which is part of the Northern Powerhouse Investment Fund (“NPIF”). Responsible finance providers Finance For Enterprise (“FFE”) & Business Enterprise Fund (“BEF”) were appointed in 2017 to manage NPIFRead more