Mercia and the British Business Bank’s NPIF I Yorkshire & the Humber Debt fund have together, supported 271 SMEs over the last seven years.
🤝 348 loans deployed across the North of England
💷 £77.1million lent to SMEs
📈 £250k average size of loan
Mercia Deputy Fund Principal, Pete Sorsby, and Andrew McKenna of the South Yorkshire Mayoral Combined Authority, tell us about the achievements of the fund, and how crucial Mercia’s role in the region has been to SMEs.