News.

Scaling-Up Local Investing for Place-Based Impact - The Good Economy Whitepaper
  • NEL News & Insights
Scaling-Up Local Investing for Place-Based Impact – The Good Economy Whitepaper
Whitepaper setting out a sector profile on small and medium-sized enterprise (SME) finance as an investment opportunity for the Local Government Pension Scheme (LGPS) as part of a local investing strategy.
Paul Scott
  • NEL News & Insights
NEL Fund Managers: A conduit to unlocking growth
Access to finance is a crucial component of any small and medium-sized business’ growth plan. Chief Executive Paul Scott talks about the funding gap, NEL’s enhanced capabilities and the organisation’s ambition to unlock capital for firms to expand across the North.
The NEL Fund Managers Team
  • NEL News & Insights
NEL Fund Managers reflects on a record 2025
NEL Fund Managers is marking a year of record-breaking delivery across the North East and Teesside, with 2025 having firmly established the organisation as the region’s most active provider of alternative finance.
Pictured from left to right, Sarah Newbould, Senior Investment Manager at the British Business Bank, Dave O'Connell, Managing Director and Founder of Advantex, Lucy Elliott, Associate Director at FRP Advisory, Celia Yeates, Finance Manager at Advantex, Jane Siddle, Senior Investment Executive at NEL Fund Managers & Chris Hughes, Partner at Mincoffs Solictiors
  • Investment News
Seven-Figure NPIF II – NEL Investment Supports Advantex Management Buyout
Award-winning IT, security, and communications provider Advantex has secured a seven-figure investment from NPIF II – NEL Debt Finance to support a successful management buyout and drive its next phase of growth.
NEL Fund Managers Ends 2025 on a High with Strong NPIF II Investments
  • Investment News
NEL Fund Managers Ends 2025 on a High with Strong NPIF II Investments
As 2025 draws to a close, NEL Fund Managers is strengthening its position as a leading force for business growth, fuelled by strategic investments spanning a broad mandate and across a range of sectors across the North East.
Pictured from left to right, Shane Parkins, Founder of Climb & Conquer, Jonathan Armitage, Investment Executive at NEL Fund Managers & Mark Wharton, Senior Portfolio Executive at NEL Fund Managers
  • Investment News, NEL News & Insights
NEL-Backed Climb & Conquer Hits £1m Turnover
Performance marketing agency Climb & Conquer has achieved a major growth milestone, from doubling its turnover in the 12 months following investment from NEL, to hitting turnovers exceeding £1 million.
Paul Scott
  • NEL News & Insights
NEL Fund Managers: Investing in regional growth
For more than three decades, NEL Fund Managers has helped small and medium-sized businesses across the North East turn ambition into growth. Chief Executive Paul Scott talks about the organisation’s evolution, expanding reach and future ambitions.
The Qualis Collection
  • Investment News
Strategic six-figure NPIF II – NEL investment boosts growth for The Qualis Collection
Middlesbrough-based The Qualis Collection Ltd has secured a six-figure investment from NPIF II - NEL Smaller Loans, which is managed by NEL Fund Managers.
Pictured from left to right; Ayden De Beer, Financial Controller at Troo, Jane Siddle, Senior Investment Executive at NEL Fund Managers, Andrew Richardson, CEO of Troo & Sarah Newbould, Senior Investment Manager at British Business Bank
  • Investment News
Troo secures seven-figure NPIF II investment from NEL to power AI platform growth
Business energy consultants Troo, based in Sunderland, has secured a seven-figure investment from NPIF II – NEL Debt Finance, which is managed by NEL Fund Managers.
(from left) Jonathan Armitage of NEL Fund Managers with Paul Wilson and Tom Flanagan of Woodland Floors
  • Investment News, Small Loan Fund
Technology investment helping Woodland Floors cover production improvements
The Shildon-based firm’s products have been used in a wide range of office projects for household name organisations including Netflix, the London School of Economics and the BBC, as well as in high specification domestic and hospitality sector settings.
Robert Hammal, Managing Director at Speeding's Limited, with Mike Guellard of NEL Fund Managers
  • Investment News, Small Loan Fund
Speedings sews up North East Fund investment to support growth and job creation plans
One of the UK’s oldest family textile businesses is looking to the future with the help of a six-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
GS4U's new STAYGROUNDED® system being installed
  • Investment News, Small Loan Fund
Groundscrews4U taking sustainable STAYGROUNDED® system nationwide with North East Fund investment backing
Sustainable technology developed by a North East entrepreneur is set to gain ground nationwide with the help of a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
Stephen Allen, Managing Director at NE & C Windows & Doors (left), with Jane Siddle, Senior Investment Executive at NEL Fund Managers (right)
  • Growth Capital Fund, Investment News
North East Fund investment gives NE & C Windows & Doors a clear view on growth goals
NE & C Windows & Doors designs, manufactures and installs a range of high-quality windows, doors, conservatories and balustrades for commercial and domestic clients across the North East, Cumbria and Scotland.
(from left) Mark Lovejoy and David Haigh of Beatnik Studio with Susan Snowdon of NEL Fund Managers
  • Investment News, Small Loan Fund
Beatnik designs digital agency growth plans with Small Loan Fund backing
An ambitious North East graphic designer is setting out to build a bigger business after securing a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
Jonathan Armitage, Investment Executive at NEL Fund Managers, with DT LPG Technology founder David Thomas
  • Investment News, Small Loan Fund
DT LPG Technology’s growth plans cooking on gas with NEL investment
DT LPG Technology specialises in the installation, repair, testing and maintenance of telemetry and monitoring systems used in the liquified petroleum gas (LPG) sector, and is already the biggest telemetry installation specialist in the LPG industry.
  • Investment News, Small Loan Fund
Northumberland luxury hamper firm getting ready for busy Christmas with NEL investment backing
Heather & Bale sells a range of luxury handcrafted hampers and gifts to private and corporate clients right across the country, with the vast majority of its products being sourced from independent producers across Northumberland and North Tyneside.
Rob Brown of JUMP with Mike Guellard of NEL Fund Managers, along with members of the JUMP team
  • Growth Capital Fund, Investment News
Design agency looking to JUMP to the next level with latest NEL investment
JUMP offers creative design, digital solutions and marketing services to a growing roster of regional, national and international clients, including Newcastle’s Business Improvement District company NE1, the NHS, Newcastle University, Peacocks Medical Group and Living North Magazine.
Ian Proctor of Digital Edge
  • Investment News, Small Loan Fund
NEL investment giving an edge to County Durham tech firm’s global growth plans
A County Durham technology firm is looking to apply its new e-commerce solution in markets around the world after securing a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
Pictured, from left to right, are Rachael Munro, Michael Williams and Susan Snowdon, Investment Executives at NEL Fund Managers.
  • NEL News & Insights
Growth Fund Investments Pass £25M Landmark