recovery loan scheme Archive

Safety first for NEL with investment in Cherry Parts’ online growth plans

Uploaded by in Recent Investments, Small Loan Fund on March 14, 2022

A family-owned fire safety firm is aiming to double its turnover by reaching new markets with the help of a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund. Cherry Parts has been successfully supplying fire protection equipment to trade customers from […]

NEL Fund Managers invests £6.6m in North East firms through pandemic

Uploaded by in NEL News on August 2, 2021

The North East’s longest-standing business investor has provided more than £6.6m to regional firms during the pandemic in support of their growth and development plans. NEL Fund Managers has invested an average of more than £1.3m every quarter in businesses across Tyne & Wear, Northumberland and County Durham […]

NEL Fund Managers begins lending under Recovery Loan Scheme

Uploaded by in NEL News on July 20, 2021

The North East’s longest-standing business investor is looking to further increase the number of regional firms with which it works after being confirmed as an accredited provider for the government’s new Recovery Loan Scheme (RLS). NEL Fund Managers has been accredited under RLS by the British Business Bank […]