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MEMBERS NEWS - Enterprise M3 - local Enterprise Partnership launches £5.5 million funding escalator to help local high-growth businesses

08 Oct 2014

The FSE Group are pleased to announce that the Enterprise M3 Local Enterprise Partnership has committed £5.5 million of capital to create a new funding escalator comprising a loan scheme and an equity fund managed by The FSE Group.

Through the Enterprise M3 Funding Escalator, The FSE Group are able to provide up to £200,000 by way of a loan to established SMEs (small and medium enterprises) businesses requiring finance to implement expansion activities that will deliver substantial growth.

James Edwards, Senior Fund Manager of the FSE Group “We are delighted to be working with Enterprise M3 Local Enterprise Partnership, supporting the growth of SMEs across the Enterprise M3 area. We are keen to help businesses to secure the right finance so they can reach their potential, boost the local economy and increase the number of jobs available for the region.”

The FSE Group is an award-winning Fund Management organisation delivering a range of debt and equity growth finance solutions to innovative SMEs across all sectors since 2002.  The FSE Group also offer a Mentoring Programme, which is a free service to find a mentor with a specialist skill who will offer their support and guidance to an SME.

Other FSE Group funding escalators have previously been used by SMEs to develop additional products, support their marketing and sales activities, and pursue overseas contract opportunities and to cover the salaries of new staff positions until they pay for themselves.

If you are an ambitious SME based within the Enterprise M3 geographic area with the potential to deliver high growth and employment opportunities, you may be eligible to apply.

Find out more about The FSE Group and The Enterprise M3 Funding Escalator here: www.em3businessfunding.co.uk

To apply for funding email: em3funding@thefsegroup.comor phone James Edwards, Senior Fund Manager: 01276 608531

For more information about The FSE Group: www.thefsegroup.com