business loans north east Archive
Depend Group’s new owners adapting growth plans with North East Fund backing
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on February 2, 2021
A successful North East adaptive living business is going for growth after a change of ownership with the help of a six-figure investment from the North East Growth Capital Fund Supported By The European Regional Development Fund. Dolphin Stairlifts (North East) and Shape Adaptations have been bought by […]
Father and son’s high-end bike brand hitting the road with second NEL investment
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on March 2, 2020
A successful boutique bike brand run by a North East father and son team is hitting the road after securing its second investment from regional fund management firm NEL Fund Managers. Ian and Trevor Hughes launched their first custom-built bike under the Vielo Sports brand in 2018 after […]
NEL’s busiest ever quarter takes value of investments from new funds past £2m mark
Uploaded by Suzanne Smith in NEL News on January 7, 2019
Regional fund management firm NEL Fund Managers is bouncing into the new year on the back of its busiest ever quarter. Nineteen investments worth a combined £1,185,000 were completed by NEL in businesses during October, November and December 2018 from the two funds that it manages which are […]
North Tyneside tech firm looking to clean up with small loan fund investment backing
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on November 21, 2018
A North Tyneside technology firm is aiming to clean up right around the country after securing a £35,000 investment from the North East Small Loan Fund Supported By The European Regional Development Fund. Cleanily uses web and smartphone technology to connect independent cleaning professionals with people looking for […]
North East innovation going global to help improve oil & gas pipeline safety
Uploaded by Suzanne Smith in Recent Investments, Small Loan Fund on August 1, 2018
A Northumberland entrepreneur’s simple application of technology to improve safety within the oil, gas and power industries is set to go global after winning support from the new North East Small Loan Fund Supported By The European Regional Development Fund. Jon Naylor has more than 30 years’ experience […]
Patrick Parsons praises NEL investment impact as it plans next stages of growth
Uploaded by Suzanne Smith in Success Stories on January 10, 2018
A thriving North East consulting engineering business has praised the impact on its development of its decade-long relationship with regional fund management firm NEL Fund Managers after exiting its final investment agreement with them. Newcastle-headquartered Patrick Parsons Consulting Engineering worked with NEL in 2011 to secure a £250,000 […]