Around 1500 business leaders and financial intermediaries recently attended 10 regional briefing events to announce the opening of the new £400m Northern Powerhouse Investment Fund (NPIF), as well as the appointment of fund managers who will make the investments in SMEs across the NPIF Region.
FW Capital has been appointed to manage the £102m NPIF FW Capital Debt Finance fund, offering loans of between £100,000 and £750,000 to growing SMEs across two regions: the North West and Cumbria and the Tees Valley. We are also able to support SMEs in Yorkshire and Humber.
We are now open for applications for loans to support requirements including:
• Working capital
• Stock purchases
• Commercial property purchases
• Staff recruitment
• Cost for refit/relocation costs/expanding premises