Sunderland based Hall & Angus secures North East Small Loan Fund business to bring innovative new product to market Durham based Electek Solutions secures £50,000 growth funding from North East Small Loan Fund North Tyneside energy business secures small loan fund investment to grow business in support of the low carbon economy County Durham based Aspec Facades secures growth finance from the North East Small Loan Fund Sunderland based Hall & Angus secures North East Small Loan Fund business to bring innovative new product to market

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 £50,000
• 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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