Getting access to funding for an SME can be a big hurdle to jump but essential if business is to grow.
It is great to see a new fund being created to help fuel the economies growth
Chief Executive Jonathan Diggines said We recognise the important role that small businesses play in providing services and employment within local communities, developing new ideas and technologies, and strengthening regional economies.
Enterprise Ventures has launched a new private capital loan fund with £40m backing from Santander UK plc and Greater Manchester Pension Fund. Enterprise Ventures SME Loans will provide up to £1m to established and ambitious SMEs in all sectors and in all areas of the UK, building on Enterprise Ventures’ strongholds in Yorkshire and Humberside and the North West.