The Northern Powerhouse Investment Fund (NPIF) has made an additional £5m available to businesses across Yorkshire and the Humber, and Tees Valley.
Providers Finance for Enterprise and Business Enterprise Fund - managers of the now £15m NPIF – BEF & FFE Microfinance fund - will continue to support start-ups, early-stage and more established businesses that are looking to grow.
Microfinance loans range between £25,000 and £100,000 and can be used for everything from plugging gaps in working capital to funding expansion projects and purchasing new equipment through to leasing premises and hiring people.
