Loans
The information provided below gives a summary of the major loan schemes available to companies in North East England. Click on one of the headings below to be directed to more comprehensive scheme details.
Finance for Business North East - Angel Match Fund (*further details to follow)
Size: £50,000 - £150,000
Target: SMEs - early stage, must have private sector co-investors to partner in investment
Business Investors Group (BiG) - North East Business Angels
Size: £10,000 - £1 million
Target: SMEs - start-up, development, mature, MBO, MBI, turnaround
CapitaliSE/North East Social Enterprise Partnership (NESEP)
Size: £15,000 - £100,000
Target: Social enterprises
Carbon Trust
Size: £5,000 - £100,000
Target: SMEs investing in energy saving projects
Coalfields Enterprise Fund
Size: £40,000 - £500,000
Target: SMEs - start-up, early stage expansion, MBO, MBI
Finance for Business North East - Growth Fund (*further details to follow)
Size: £50,000 - £400,000
Target: SMEs - mature, revenue generating, looking for growth capital
Finance for Business North East - Growth Fund 500 (*further details to follow)
Size: £350,000 - £1.25m
Target: SMEs - mature, revenue generating, looking for growth capital, addressing the
Nel Growth Fund
Size: £50,000 - £500,000
Target: Early stage, high growth, knowledge based SMEs or SMEs requiring expansion capital
Prime
Size: Up to £5,000
Target: Unemplyed people over 50 who would like to start a business
Project North East (PNE)
Size: Up to £5,000
Target: SMEs - start-up
Finance for Business North East - Seed Fund (*further details to follow)
Size: £50,000 - £750,000
Target: Companies and pre-start enterprises at start up and seed capital stage
SENET
Size: £500 - £15,000
Target: Pre-starts, businesses or social enterprises trading for not more than 3 years
Spirit of Enterprise Loan Fund
Size: £1,000 - £5,000
Target: Disabled people who wish to set up businesses
Street North East
Size: £500 - £10,000
Target: Self employed, micro businesses and business purchases
The Falchion Fund
Size: £3,000 - £10,000
Target: SMEs - start-up, development and expansion
The Five Lamps Organisation
Size: £500 - £5,000
Target: SMEs, social enterprises and individuals
UK Steel Enterprise
Size: £15,000 - £400,000
Target: SMEs - start-up or expansion
Finance for Business North East - Technology Fund (*further details to follow)
Size: £50,000 - £1.25m
Target: SMEs - technology companies for seed and development stage funding
Finance for Business North East - Technology Proof of Concept Fund (*further details to follow)
Size: £20,000 - £100,000
Target: SMEs - very early stages of business creation in technology sector
