Focus on: Yorkshire & Humber
As SMEs grow, larger amounts of finance can be needed to move them to the next level. Funding might be for hiring staff, purchasing machinery, moving premises or even as working capital to finance a big order.
Analysis has shown that this finance can be difficult for firms in the North of England to access but that there is a strong level of latent demand.
Northern Powerhouse Investment Fund – Mercia Debt Finance option is designed for SMEs that can demonstrate growth potential.
