£100m Pledge From NatWest RBS For Small Business, Sheffield Broker Asked To Help

natwest rbsThe RBS NatWest Group have pledged £100 million funds to small businesses. These funds will be made available for business loans and will be exclusively distributed via a select number of commercial brokers that are members of the National Association of Commercial Finance Brokers (NACFB).

Enable Finance a Sheffield based national commercial finance broker is pleased to confirm they have been selected by NatWest RBS group to help distribute the allotted £100 Million of funds set aside.

The initial tranche of funding will be available to small and medium sized enterprises (SMEs) exclusively via NACFB’s commercial broker network.

For more information about how Enable Finance can help you access these business NACFB-Logoloans please either apply online or call 0114 2945 046 for a confidential chat.

Additional Reading

Commentary from Adam Tyler CEO of the NACFB click here

Grant Funding Available From UK Steel Enterprise

GrantsGreat news its been announced that UK Steel Enterprise is set to launch this spring a Grant Funding initiative for growing businesses. The new scheme called Access to Finance will be supported by the Government through their Regional Growth Fund (RGF) program.

The new funding is available in all of UK Steel Enterprise’s operating areas in England, including Teesside, Hartlepool, Consett, West Cumbria, Humberside, Gainsborough, South Yorkshire, Chesterfield, Worksop, the Black Country, Stoke-on-Trent and Corby.

Grant Finance for business growth of between £25,000 and £750,000

The emphasis of the Access to Finance grant funding program will be for local Companies that are growing and can create sustainable jobs for the local area. If you would like to find out more about this new initiative please visit: New RGF Access To Finance Grants blog page click here

Nacfb Commercial Finance Roadshow Nottingham

NACBIt was great to attend our trade body, The National Association of Commercial Finance Brokers, roadshow in Nottingham yesterday. These day events are often a great opportunity for we Brokers to network with our Lenders, learn about new product offering and keep up to date with new regulation and training.

It was good to speak with our new Chairman Marcus Grimshaw and discuss some of the things the association is doing lobbying the government and institutions.

A great mix of new and old faces with lots of networking opportunities.

Commercial Lenders & Service Providers Represented at NACFB Nottingham

  • Residential Buy To Let Mortgages – Including HMO, limited Company owners and first time landlords.
  • Software & CRM providers
  • Commercial Owner Occupier Mortgages
  • Commercial Investment Mortgages
  • Short Term Property Finance (e.g. light refurbishment, or run off after build completion and sale)
  • Small Scale Property Development Finance (for the casual or first time developer)
  • Large scale Residential Property Development Finance up to £5 million (for the professional developer)
  • Asset Finance – Hire Purchase and Equipment Leasing Providers
  • Invoice Finance and Factoring Provider
  • Our NACFB Insurance Services which affords our clients access to a comprehensive commercial insurance solution.
  • Bridging Finance
  • Unsecured Business Loans £5,000 – £100,000
  • Secured Business Loans – secured by way of debenture on business assets (£100 k – £1 million)
  • Second Charge Commercial Property Loans up to 85%. (£100 k – £1 million)
  • Business Loans created from your existing pension fund. A novel way of funding your business.

If any of the above information has you interested about what business finance is available for your Company please do give Phillip Evans a call direct on 0114 2945 046.

Enable Finance Provides Business Loans To FSB Members

fsb logo trade online Enable Finance is very pleased to announce our commercial finance partnership with the Federation of Small Businesses. The partnership is due to our membership of the N.A.C.F.B. The National Association of Commercial Finance Brokers has signed a partnership with the Federation of Small Businesses to provide a UK-wide introduction channel for small firms seeking finance.

Enable Finance are pleased to support be supporting FSB member businesses seeking finance in the Sheffield and South Yorkshire area.

Adam Tyler, NACFB chief executive, has been working on bringing the association and the FSB closer for the past nine months. The 950 members of the NACFB will be on hand to source and arrange commercial finance for the 200,000 strong FSB business members.

Enable Finance provide business finance in the following areas:

  • Asset Finance and Leasing
  • Invoice Finance and Trade Finance
  • Property Finance & Mortgages
  • Cash Flow Loans

For more information about the NACFB or Federation of Small Businesses please follow the links provided.

Nationwide Enters Business Loans Market

business loans from Nationwide

It has been revealed that the Building Society Nationwide will start lending to small to medium sized enterprises . Timing of the entrance into the business loans market is not yet known, but we think this step can only be a good thing for competition. Read the the article from commercial finance today here.

90% of business lending is controlled by the big bank and another significant player into this sector is great for UK business.