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
General News
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
Meet the team: Dave Topliss
Meet the team: Dave Topliss A familiar face amongst North East Lincolnshire’s business community, Dave Topliss joined Finance For Enterprise’s Grimsby team earlier this year. After spending more than 16 years working in business banking, Dave is now using his knowledge and expertise to help SMEs in the region to access the funds needed toRead more
Social Impact report reveals Finance For Enterprise lending added more than £80m to regional economy in 2020/21
A new report published by Finance For Enterprise has revealed the funds it provided to small businesses have helped to contribute more than £80m to the regional economy during the past twelve months. Finance For Enterprise’s social impact report looks beyond the headline lending figures delivered by the business to assess how loan funding hasRead more
Finance For Enterprise pledges to continue PIF legacy
Partnership Investment Finance (PIF) has granted almost £700,000 of its legacy funds to alternative lending provider Finance For Enterprise. The capital is to be used to provide loans to SME businesses based within the Humber area. As part of the agreement, Finance For Enterprise has pledged to match-fund the investments made to recipient businesses, thereforeRead more
Stair lift specialist reaches new level of growth
A Yorkshire-based stairlift manufacturer, which specialises in producing bespoke designs for curved or complicated staircases, is targeting significant growth after securing £100,000 in loan funding from Finance For Enterprise and the Northern Powerhouse Investment Fund (NPIF). Bespoke Stairlifts will use the loan funding to create four senior roles in the business, as well as enablingRead more
Finance For Enterprise accredited under Recovery Loan Scheme
Alternative business lending specialist Finance For Enterprise is set to help more businesses recover from the impact of the Covid-19 pandemic after being accredited as a delivery partner for the Government-backed Recovery Loan Scheme. Launched by the British Business Bank in April 2021, the Recovery Loan Scheme supports access to finance for UK businesses asRead more
A day in the life of an apprentice
Christian Elvidge joined Finance For Enterprise as a business administration apprentice in April 2021. Now six weeks into his apprentice journey, Christian was asked by his course tutor to share a typical day at work as part of his coursework. We were so impressed with his efforts that we decided to share them here! 8:50Read more
Tim Daniels surpasses £20 million lending milestone
A dedicated Investment Manager who has been helping businesses across the region to overcome barriers to growth for nearly a decade has single-handedly delivered more than £20 million of loan funding, with nearly half of that amount being achieved during the Covid-19 pandemic. Tim Daniels joined Doncaster-based alternative lending provider Finance For Enterprise in 2012.Read more