SMEs.

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Funds.

NEL’s funds are targeted at ambitious growing businesses with a finance gap from £25,000. We can invest up to £2m and can form part of a larger funding round where other investors are involved

Your partner to a
prosperous future.

Are you looking to grow your business?

NEL has invested in over 1,100 business growth plans. The businesses we’ve invested in have benefitted from bespoke finance solutions, strategic guidance and access to our network of sector based experts including corporate finance advisors, business coaches, NED’s and other investors.


Let’s see if we can work together to help you achieve your business growth ambitions.

Why businesses choose to work with us?

We deliver

Once we’ve agreed terms with you we will guide and support you through the investment process.

Speed of execution

Our local decision making and agility provide you with quick decisions to help you move forward with your growth plans.

Tailored investments

We offer solutions-led, flexible investments, making finance work for you.

Added value

We add value to your business post-investment, offering ongoing strategic support and guidance to help you navigate business challenges and exploit growth opportunities.

We’re recommended

98% of businesses who received investment from NEL would recommend us to a business connection with similar finance needs to theirs.

With over three decades of investing in growing businesses, we’ll work with you to achieve your business potential.

At NEL, we understand that every business journey is unique and so we tailor financing packages to meet your specific needs.
Our expert team will guide you through the investment process and then support you with the complexities of managing a growing business.

We give you the freedom to run your business the way you want to. We’ll be here when you need us though, acting as a trusted partner and helping you achieve your business potential through solutions-led finance, and bespoke guidance and support.

Our funds.

NPIF II - NEL Debt Finance Fund

The New NPIF II - NEL Debt Finance Fund for the North East can offer from £100,000 to £2m to businesses that can demonstrate growth potential based in, or with major operations in, the North East and Tees Valley. Businesses relocating to these areas may also be eligible.

North East Growth Capital Fund

Backing ambitious businesses with unsecured investment, the North East Growth Capital Fund can provide debt, mezzanine and equity finance of up to £500,000.

NPIF II - NEL Smaller Loans Fund

The New NPIF II - NEL Smaller Loans Fund for the North East can offer from £25,000 to £100,000 to support new or growing businesses based in, or with major operations in, the North East and Tees Valley. Businesses relocating to these areas may also be eligible.

Growth Guarantee Scheme

Government backed loans of £100,000 to £250,000 for eligible businesses in Durham, Northumberland and Tyne & Wear as they look to invest and grow.

Some of the latest businesses we've invested in.

An ambitious cyber security firm is continuing to build its North East presence with the help of a six-figure investment from the North East Fund.
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first investment in Northumberland, marking a significant milestone for the region since the launch of the £660m fund earlier this year.
The new offices, which are more than 50 per cent bigger than the company’s previous home, provide the business with the room it needs to expand the range of services it can offer and accommodate the new recruits who will deliver them.

NEL news & insights.

The NEL team are delighted to have won the Alternative Finance Provider of the Year award at this year’s North East Insider Dealmaker Awards.
In this Q&A, we hear from Mike Guellard, senior investment executive at NEL Fund Managers, as he discusses the vital role of funds such as the Northern Powerhouse Investment Fund II (NPIF II) in the North East.

Upcoming events.

Northern Powerhouse Investment Fund II – Tees Valley Roadshow

Enquire now.

For more information about the Fund or to discuss your proposal, please contact our investment team on 0345 369 7007 or via our online enquiry form..