South Tyneside based Elsies Kitchen secures investment from north east small loan fund Newcastle based Nudge Education received £40,000 investment from the North East Small Loan Fund Durham business secures investment capital from North East Small Loan Fund managed by NEL Fund Managers Durham based business secures scale up investment from North East Growth Capital Fund Managed by NEL Fund Managers South Tyneside based Elsies Kitchen secures investment from north east small loan fund

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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