July, 2020 • NEL Fund Managers Limited

Million pound investment to help sub-surface testing firm lay down foundations for growth

Uploaded by in Recent Investments, Growth Capital Fund on July 30, 2020

An ambitious County Durham ground investigation business has secured a one million pound investment package to help support its growth ambitions. Exploration & Testing Associates (ETA) has established a new state-of-the-art materials testing laboratory at its head office in Bowburn from which it is working with a growing […]


NEL Fund Managers begins lending under Coronavirus Business Interruption Loan Scheme

Uploaded by in NEL News on July 23, 2020

The North East longest-standing business investor is looking to expand the number of regional firms with which it works after becoming an accredited provider for the Coronavirus Business Interruption Loan Scheme (CBILS). NEL Fund Managers has been accredited by the British Business Bank to provide loans of up […]


NEL warms to second investment request from Electek Solutions

Uploaded by in Recent Investments, Small Loan Fund on July 16, 2020

An award-winning County Durham renewable energy consultancy is scaling up its operations after securing a second investment from the North East Fund. Electek Solutions Limited (ESL) designs, specifies and installs electrical and mechanical renewable energy systems and solutions for businesses of all sizes and across all sectors, with […]


NEL Fund Managers and Northumbria University launch growth programme for North East health, wellness and social care sectors

Uploaded by in NEL News on July 9, 2020

A major new initiative to help North East businesses grow or expand into the health, wellness and social care delivery sectors is set to go live. Regional fund management firm NEL Fund Managers has joined forces with Northumbria University to set up the new Purposeful Health Growth Accelerator, […]


Expert baker Leanne finally set to open the doors to Elsie’s Kitchen

Uploaded by in Recent Investments, Small Loan Fund on July 3, 2020

A talented South Tyneside baker is finally set to open the doors to her new shop after a three-month delay caused by the pandemic. Leanne Cummings set up dessert delivery service Elsie’s Kitchen two years ago, making a range of different cakes and puddings in the kitchen of […]