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
In The Press
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
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
Jeremy Meadowcroft kicks off Finance For Enterprise career
Doncaster-based alternative lending provider Finance For Enterprise has strengthened its team of Investment Managers after appointing experienced banker and business support manager, Jeremy Meadowcroft. The experienced Investment Manager who has helped to support SME business owners for much of his career will be responsible for helping business owners across the region to access a rangeRead more
Lockdown efforts recognised by Barnsley & Rotherham Chamber
We are thrilled to announce our team has received a special ‘President’s Recognition’, from Barnsley and Rotherham Chamber. Launched to celebrate and recognise work undertaken by chamber members which made a positive and remarkable impact on their local economies throughout 2020, we were one of 24 businesses from across South Yorkshire to gain recognition. SinceRead more
Silver lining for psychology specialists
A Matlock-based clinical psychologist who pioneered a ground-breaking assessment and intervention system to improve the life chances of some of Britain’s most vulnerable young people is hoping to roll out her work across the UK after securing a six figure CBILS-backed business loan, jointly funded by Finance For Enterprise and the Northern Powerhouse Investment Fund,Read more
Finance For Enterprise and NPIF helps modular buildings specialist lay foundations for future growth
Owners of a Hornsea-based construction company which specialises in the installation of modular buildings are cooking up plans to nurture entrepreneurial talent in the Yorkshire coastal town, after securing a £65,000 CBILS-backed loan from Finance for Enterprise and NPIF – BEF & FFE Microfinance, which is part of the Northern Powerhouse Investment Fund. The loanRead more