NPIF - Mercia Debt Finance

Focus on: Yorkshire & Humber

Business loans from £100,000 - £750,000

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.

NPIF's Debt finance option is designed for SMEs that can demonstrate growth potential.

British Business Bank plc is holding company of the groups operating under the trading name of British Business Bank. it is a development bank wholly owned by HM Government which is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). The British Business Bank operates under its own trading name through a number of subsidiaries, including British Business Financial Services Limited which acts as delivery partner for the Northern Powerhouse Investment Fund. British Business Bank plc and its subsidiary entities are not banking institutions and do not operate as such. A complete legal structure chart for British Business Bank plc can be found on this website. @ 2017 British Business Bank.