General News

Finance For Enterprise appoints Andrew Austwick as its new Managing Director

The appointment forms part of the company’s business succession plans following a period where he worked alongside his predecessor, Arthur Foreman, which saw the business lending provider enjoy significant growth. In the last eighteen months, the not-for-profit lending provider completed the purchase of new premises to act as the company’s headquarters, secured £15million additional capitalRead more

The Coronavirus Business Interruption Loan Scheme Explained

In March, Chancellor Rishi Sunak announced several new measures designed to support businesses during the current Coronavirus lockdown.  This included the launch of a new Coronavirus Business Interruption Loan Scheme. Sometimes referred to as CBILS, the loan programme was developed to encourage lenders to make funds available to businesses facing cashflow problems as a resultRead more

Finance For Enterprise funding helps Louth packaging specialist protect patients and key NHS workers during Covid-19 pandemic

A Louth-based packaging company, which has seen demand for its products increase threefold to help the UK’s front-line battle against Coronavirus, has secured financial backing from Finance For Enterprise. Extrupol Packaging received the significant new order from one of its longstanding customers and was tasked with producing a range of sterile packaging, which will beRead more

Our Coronavirus contingency plans

During the current COVID-19 (Coronavirus) pandemic, all businesses have been advised by Government to make provisions in order to reduce the spread of infection. Finance For Enterprise is no exception. Access to finance is vital for many businesses. In accordance with current Government guidelines, we have implemented a number of our contingency plans to minimiseRead more

Logistical Logic Lands Large Investment

An ambitious entrepreneur who was left unable to work has transformed an idea into a multi-million-pound business venture after securing backing from NPIF – BEF & FFE Microfinance,  which is managed by Finance for Enterprise (FFE) and Business Enterprise Fund (BEF) and part of the Northern Powerhouse Investment Fund. Dean Morris launched Grimsby based logisticsRead more

Labfacility turns up heat on international growth

The UK’s leading manufacturer of temperature sensors is set to expand its operations in South Yorkshire after securing a six figure lending package from NPIF – BEF & FFE Microfinance, which is managed by Business Enterprise Fund (BEF) and Finance for Enterprise (FFE) and part of the Northern Powerhouse Investment Fund. The funds provided byRead more

Asbestos removal specialist sets sights on expansion after securing support from Finance For Enterprise & the Northern Powerhouse Investment Fund

A specialist Yorkshire-based asbestos removal business is expanding its operations, after securing a six figure combined investment from alternative lending provider Finance For Enterprise and the Northern Powerhouse Investment Fund. Lilquest Asbestos Management Barnsley-based Lilquest Asbestos Management has been helping to remove hazardous building materials since its formation in 2005. Following the acquisition of theRead more