News.

Pictured from left to right: Chris Hird, Director at S&W, Jane Siddle, Senior Investment Executive at NEL Fund Managers and Stephen Makinson, Director at Mechplant
  • Investment News
NPIF II – NEL backs Mechplant with investment to drive regional growth
One of the North East’s most established plant hire businesses is set to build on decades of success after securing a significant investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers.
Pictured from left to right: Rachael Munro, Investment Executive at NEL Fund Managers, Mark Heaver and Peter Hartley, Co-founders and Directors at FiftyPlus Longevity, Sarah Newbould, Senior Investment Manager at British Business Bank
  • Investment News
NPIF II investment fuels launch of FiftyPlus Longevity centre in Whitley Bay
A new health and wellness centre purpose-built for older adults in North Tyneside is set to open its doors thanks to a strategic investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
Pictured from left to right: Richard McLoughlin, director at Valves & Flow Control Resources Limited & Michael Williams, investment executive at NEL Fund Managers
  • Investment News
NEL Fund Managers backs growth and job creation at Middlesbrough-based engineering supplier
Middlesbrough-based Valves & Flow Control Resources Limited (VFCR) has secured a five-figure investment from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
NEL x Pablo Eggsgobao NPIF II investment
  • Investment News
NEL Fund Managers back Pablo Eggsgobao with six-figure NPIF II investment
A six-figure investment is fuelling the next stage of growth for one of the North East’s most recognisable independent food brands. The funding comes from NPIF II – NEL Debt Finance Fund, which is managed by NEL Fund Managers.
NEL Volunteering Day 17/06/2025
  • NEL News & Insights
Team NEL’s Volunteering Day at The Bread & Butter Thing
Some of the NEL team spent a day volunteering with The Bread and Butter Thing, which is tackling food waste while making healthy, nutritious food accessible to people who need it most in communities across the UK.
Pictured from left to right: Alex Walker, Founder of Awesome Franks Sarah Newbould, Senior Investment Manager at British Business Bank Susan Snowdon, Investment Executive at NEL Fund Managers
  • Investment News
NEL Fund Managers backs female-led gourmet deli Awesome Franks with NPIF II investment
NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers, has announced a five-figure investment into Awesome Franks, a gourmet sandwich and deli concept set to open in Jesmond next month.
Pictured, from left to right, are: Susan Snowdon, Investment Executive at NEL Fund Managers, Stephen Dial, Founder and Director of Charles Grey Menswear, Sarah Newbould, Senior Investment Manager at British Business Bank
  • Investment News
Charles Grey Menswear secures NPIF II funding from NEL to drive UK retail growth
Durham-based menswear brand, Charles Grey Menswear Limited, has secured a five-figure investment from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers, to accelerate its fast-paced growth across the UK retail landscape.
  • NEL News & Insights
NEL Launches Bi-Monthly Teesside Brunch Club
NEL Fund Managers have launched a brand new bi-monthly networking event at Flok co-working space for Teesside-based professionals.
Pictured, from left to right, are Max Gilchrist, Mincoffs Solicitors' associate solicitor; David Cudlip, The Advisory Group director; Rachael Munro, NEL Fund Managers' investment executive; Graeme Harrison, CCBS director; and JH Partners Consulting Engineers' partners Shaun Lane, David Brown and Lee Nichols
  • Investment News
Seven-Figure NPIF II Investment Boosts JH Partners’ Growth
NEL Fund Managers is proud to announce a significant investment into JH Partners, a Durham-based mechanical, electrical, and digital engineering design consultancy which provides low-carbon, state-of-the-art design solutions across both the public and private sectors.
NPIF II sparks first deal in Northumberland | NEL Fund Managers
  • Investment News, Smaller Loans
NPIF II sparks first deal in Northumberland with electrical contracting firm
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first investment in Northumberland, marking a significant milestone for the region since the launch of the £660m fund earlier this year.
AS Design | NEL Fund Managers
  • Investment News
Ambitious Northumberland design firm trades up to larger offices
The new offices, which are more than 50 per cent bigger than the company’s previous home, provide the business with the room it needs to expand the range of services it can offer and accommodate the new recruits who will deliver them.
From left Sarah Newbould of the British Business Bank David Broom of B7 and Susan Snowdon of NEL | NEL Fund Managers
  • Investment News, Smaller Loans
NPIF II strikes first deal in North East with fast-growing brand agency
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first deal in the North East since the launch of the £660m fund in March this year.
Helen Wilkinson managing director at Talk Works left with Susan Snowdon investment executive at NEL Fund Managers | NEL Fund Managers
  • Investment News
Talk Works marks tenth anniversary with twin business and environmental landmarks
A specialist North East mental health consultancy has marked its tenth anniversary by securing a new partnership with a national business organisation and a top-level environmental certification.
Jane Siddle of NEL Fund Managers (left) with James Riley of G&B Civil Engineering
  • Investment News
G&B Civil Engineering focused on sustainable growth after North East Fund investment exit
A thriving North East civil engineering firm is aiming to build sustainably on the growth it has secured over the last four years after successfully exiting its second North East Fund investment agreement.
(from left) Jane Siddle of NEL Fund Managers, Steven Foley of CCBS Group and Nigel Morris of Nirvana Europe
  • Growth Capital Fund, Investment News
Nirvana Europe taking a run at North America with NEL investment backing
A specialist North East sports travel and events firm is taking a run at growing its presence in North America with the help of a £500,000 investment from the North East Fund.
(from left) Susan Snowdon of NEL Fund Managers with Alan Sawyers and Nathan Cockburn of AS Design North East
  • Investment News, Small Loan Fund
Northumberland design firm realising growth ambitions with NEL investment
A Northumberland design company is expanding its range of services and its workforce with the help of a five-figure investment from the North East Small Loan Fund.
Deep North co-founder Phil King (left) with Jonathan Armitage of NEL Fund Managers
  • Investment News, Small Loan Fund
Artisan doughnut chain shows appetite for growth with NEL investment backing
An ambitious coffee and doughnut café chain founded by two North East schoolfriends is set to open more stores and create more jobs after attracting a five-figure investment from the North East Small Loan Fund.
The accompanying image shows (one from right) Jane Siddle of NEL Fund Managers with (from left) Wayne Dobson, Bob Morton, Ian Clarkson and Matt Haycock of Lylalife
  • Growth Capital Fund, Investment News
Lylalife gaining new customer insight with second North East Fund investment
An ambitious North East continence product supplier is building up its customer service and business management resources after securing a second North East Fund investment through fund management firm NEL Fund Managers.
  • NEL News & Insights
NEL Launches Bi-Monthly Teesside Brunch Club
NEL Fund Managers have launched a brand new bi-monthly networking event at Flok co-working space for Teesside-based professionals.
Pictured from left to right: Stephen Robinson, CEO of Outrank and Paul Scott, CEO of NEL Fund Managers
  • NEL News & Insights
NEL Sponsors Small Business of the Year at the Tees Business Awards 2025
Middlesbrough-based digital marketing agency Outrank were named the Small Business of the Year at the Tees Business Awards 2025, sponsored by NEL Fund Managers.
(from left) Jonathan Luke, Paul Scott, Graham Thrower, Trevor Castledine, and Judith Hartley of NEL Fund Managers.
  • NEL News & Insights
NEL Fund Managers strengthens board with Non-Executive Director appointments
The North East’s most active business investor has strengthened its senior team with the appointment of two experienced NED's to its board.
From left — Paul Scott, Graham Thrower and Jonathan Luke of NEL Fund Managers
  • NEL News & Insights
NEL announces Paul Scott as new CEO as Jonathan Luke retires
The leadership team of the North East’s longest-standing business investor has made public its plans to drive the business forward with Paul Scott as the new chief executive officer (CEO).
The NEL Fund Managers team celebrate having won the Alternative Finance Provider of the Year award at the North East Insider Dealmaker Awards 2024.
  • NEL News & Insights
NEL wins Alternative Finance Provider of the Year at the Insider Dealmakers Awards 2024
The NEL team are delighted to have won the Alternative Finance Provider of the Year award at this year’s North East Insider Dealmaker Awards.
Mike Guellard, Senior Investment Executive at NEL Fund Managers
  • NEL News & Insights
Q&A with Mike Guellard
In this Q&A, we hear from Mike Guellard, senior investment executive at NEL Fund Managers, as he discusses the vital role of funds such as the Northern Powerhouse Investment Fund II (NPIF II) in the North East.