Newcastle based for purpose bakery, Big River Bakery, secures funding for growth from tne North East Small Loan Fund managed by NEL Fund Managers NEL supports further growth of gateshead based Laneberg Wine with second investment from the North East Small Loan Fund Jonathan Armitage of NEL Fund Managers (left) with Jake Newport of Finnmark Sauna Paul Minnikin, MD of The Great North Eastern Brewing Company with Mike Guellard, Investment Executive at NEL Fund Newcastle based for purpose bakery, Big River Bakery, secures funding for growth from tne North East Small Loan Fund managed by NEL Fund Managers

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

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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

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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.



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NEL Fund Managers is now an accredited lender under the Coronavirus Business Interruption Loan Scheme.

- Loans of £50,001 to £250,000
- Guaranteed by government - no additional security needed by you or your business
- No interest to pay for the first 12 months

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