General News

Enterprise Loan maximum increased to £150,000

Following an increasing demand for higher value loans, FFE Enterprise Loans can now be accessed up to a maximum value of £150,000: the previous maximum was £100,000. “This additional funding provides an opportunity for Finance For Enterprise to further invest in businesses which are ambitious or looking to expand and develop. Our funding supports businessRead more

Almost £2 Million lent in Quarter 1

A record breaking start to 2015 with over £1.7 million lent to businesses across South Yorkshire and the North Midlands in the first quarter of 2015, following the £5 million previously lent during 2014. These are loans made to businesses which have found it difficult, or in most cases impossible, to access vital funding fromRead more

Doncaster based renewable energy firm finalist for Microentrepreneur of the Year Award

Derrick Wilkinson’s renewable technology installation business, GR33N Limited, has been announced as a finalist for this year’s UK Citi Microentrepreneurship Awards. The national awards scheme celebrates innovative and growing businesses that have taken off with the help of alternative finance from community lenders (known as CDFIs). Based in Doncaster, Derrick has grown the firm fromRead more

Donbac Social Return on Investment Study

Measuring the impact that our loans make is crucial to the success of Donbac. It makes a difference to our funders to know about the businesses we support, it helps attract further stakeholders and funders to allow us to continue to make loans. There is increasing recognition that we need better ways to account forRead more

Donbac WINS Local Enterprise Agency of the Year Award

At the 2013 National Enterprise Network awards held at the British Library, London, Donbac has been named the winner of ‘Local Enterprise Agency of the Year’ The awards recognise those members that have worked tirelessly and successfully to establish and maintain recognition and impact within their local communities over the last year. The award wasRead more

50% more business loans made to South Yorkshire companies compared to 2012!

From January to June 2013 Donbac has lent  50% more compared to 2012 and 100% more than 2011 Donbac’s Managing Director, Arthur Foreman said “All the businesses supported were unable to attract the funding they needed from the high street banks and by supporting them Donbac has unlocked the potential to sustain even more localRead more

25 Years Supporting Enterprise across South Yorkshire

2013 marked the silver anniversary as a director of Donbac for James Crowe James was presented with a pen set inscribed to mark the achievement. Donbac’s Chairman, Michael Shepherd who thanked him for his vision and commitment to the organization, particularly for the involvement in Donbac projects which have supported and developed “Enterprise in Education”Read more

New Staff Appointments at Donbac

Two new members of staff join the Donbac team Andrew Austwick joins the Donbac loan officer team, to work with clients accessing terms loans £10k–£100k. Commenting on his new role, Andrew said “it’s good to see a different approach to lending here at Donbac, as we seek to help businesses raise finance where Banks areRead more