NEL offers unsecured loans, mezzanine and equity investments to forward facing North East businesses. Please call our dedicated investment team to discuss your plans for business growth
The North East Growth Capital Fund (Supported By The European Regional Development Fund) backs ambitious businesses looking to realise their growth potential and create new jobs.
• Investments of up to £500,000
• Terms of up to 5 years
• Unsecured finance, without the need for Director's Guarantees
• Bespoke terms tailored to meet business needs
The North East Small Loan Fund (Supported By The European Regional Development Fund) supports small businesses with big plans.
• Typical investment range £10,000 to £100,000
• Terms of up to 5 years
• Loans are unsecured, without the need for Director's Guarantees
• No arrangement fee on loans under £25,000
NEL Fund Managers has successfully invested 13 funds, 12 of which have been fully realised. These mission-led investment funds have offered a range of debt, mezzanine and equity finance to businesses across all life stages, from university spin-outs and start-ups to succession takeovers and scale-ups.
NEL Fund Managers is an accredited lender under the Recovery Loan Scheme (RLS). This means that we can offer government backed loans to eligible businesses in Durham, Northumberland and Tyne & Wear as they recover and grow following the Covid-19 pandemic.
Loans of £25,001 to £250,000
Loans are unsecured, without the need for Director’s Guarantees
Terms up to 5 years
