NEL News & Insights - Page 3
NEL Fund Managers injects over £5.5m into North East firms in busiest ever investment year
Uploaded by Suzanne Smith in NEL News & Insights on December 21, 2021
The North East’s longest-standing business investor has made investments worth a total of over £5.5m in regional firms during what has been its busiest ever investment year. NEL Fund Managers has complete 61 separate investments in businesses across Tyne & Wear, Northumberland and County Durham during 2021, at […]
Demonstrating visible good practice through Code membership
Uploaded by Suzanne Smith in NEL News & Insights on October 28, 2021
Our story is simple – NEL Fund Managers were aware of the need for small businesses to be paid promptly through our work, financing growing small businesses. We regularly see how unreliable and slow customer payments can hold back a business and create cashflow problems. Time spent chasing […]
Can SMEs lead the North East’s low carbon agenda?
Uploaded by Suzanne Smith in NEL News & Insights on September 29, 2021
In just over a month, the 26th United Nations Climate Change Conference (COP 26) will begin in Glasgow. The widely awaited summit will bring together country leaders, dignitaries and environmental experts to discuss climate issues and mitigation strategies on a global scale. Complimentary to these governmental decisions and […]
NEL Fund Managers invests £6.6m in North East firms through pandemic
Uploaded by Suzanne Smith in NEL News & Insights 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 Suzanne Smith in NEL News & Insights 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 […]
Sell smarter and faster
Uploaded by Suzanne Smith in NEL News & Insights on July 1, 2021
Guest blog from ION Industries Are you struggling to maximise your sales opportunities? Do you suffer from a long and drawn out sales process which is hampering growth? With increased competition, small numbers of leads and long sales cycles, building a sales pipeline can be a huge challenge […]
3 ways AI is guiding finance leaders to success
Uploaded by Suzanne Smith in NEL News & Insights on June 25, 2021
Guest blog from ION Industries Finance leaders around the globe are currently utilising machine learning and artificial intelligence (AI) to help analyse data and automate processes at every level – allowing more resources to be dedicated to strategic tasks. Large and small business entities throughout the globe are […]
Tonne up for NEL Fund Managers with 100th Small Loan Fund investment
Uploaded by Suzanne Smith in NEL News & Insights on December 24, 2020
The North East longest-standing business investor has ended the year by making its 100th investment from one of the two elements of the £120m North East Fund that it manages. NEL Fund Managers is responsible for investing the £9m North East Small Loan Fund Supported By The European Regional […]
NEL Fund Managers becomes first regional member of Responsible Finance group
Uploaded by Suzanne Smith in NEL News & Insights on November 20, 2020
The North East longest-standing business investor has become the first locally-based firm to join a nationwide group that is working to ensure fair and affordable access to finance and build resilient economies around the UK. NEL Fund Managers has been granted membership of Responsible Finance, a growing national […]
Training programme hits triple figures and launches online to support SMEs post lockdown
Uploaded by Suzanne Smith in NEL News & Insights on September 2, 2020
A highly successful training partnership that has already supported 100 local business owners is getting ready to launch a new programme of fully funded training to help businesses emerge stronger from the impacts of the Covid-19 pandemic. NEL Fund Managers and MINT Business Club (then Digital Sparkles) first […]