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Business Enterprise Fund

The Business Enterprise Fund is a social enterprise that lends money to businesses in West & North Yorkshire & the North East, who are unable to get lending from the banks. As a social enterprise there are no share holders – all profits generated are reinvested into the business.

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Press Releases

BEF joins Government response to support Carillion supply chain
05 Feb 2018 11:30
The British Business Bank, in partnership with 40+ accredited lenders, will make £100 million of finance available to businesses affected by the collapse of Carillion. Delivered through the Enterprise Finance Guarantee Programme (EFG), the move, announced by Business Secretary Greg Clark, will create...
Gee Graphite sharpens up for 2018 with MBO
22 Jan 2018 14:45
Gee Graphite sharpens up for 2018 A Yorkshire manufacturer has completed a management buy-out (MBO) following backing from a group of organisations with further growth capital provided through the Northern Powerhouse Investment Fund (NPIF). With financial backing from Business Enterprise Fund...
BEF funding provides bright outlook for North East coast
04 Dec 2017 14:15
A rainbow of colour is being added to the picturesque North East coastline at Saltburn-by-the-Sea. Local businessman Stuart Marshall has designed and began installation of a row of beach huts on the Victorian town’s seafront, with plans to reach a total of 45 in time for summer 2018. The £600,000...
Leeds entrepreneur builds sustainable future for 3D printing
03 Oct 2017 14:30
3D printing is a fast-growing disruptive technology. From humble beginnings as a novelty demonstration tool 3D printing has become a growing player in the manufacturing world, as the technology to utilise it becomes faster and more efficient than ever before. Leeds Entrepreneur of the Year Ravi Toor...
Love Bomb Cushions wins Dragon investment
11 Sep 2017 11:30
Yorkshire business woman Sarah Agar-Brennan has successfully tamed the Dragons on BBC's Dragons Den. After sharing a strong and very personal pitch, the Leeds entrepreneur sparked interest with Peter Jones, Tej Lalvani and Jenny Campbell, who all wanted a stake in her emoji cushions business. With...
Not-for-profit business lender injects £29m into Yorkshire and North East economy
14 Aug 2017 11:00
Business lender the Business Enterprise Fund (BEF) has announced that for every £1 invested, over £4 has been added in value to the local economy, amounting to a £29 million benefit this year. The figures, from BEF’s Social Impact Report & Annual Statement, have been released following their...
Growth hub collaborates with business lender to support Yorkshire skin care business
31 Jul 2017 12:15
“YOUR VERY OWN BUSINESS SIRI”, HOW HOW’S BUSINESS IS SUPPORTING BUSINESS GROWTH Growth hub collaborates with BEF to support skin care business, Mia and Dom There’s a lot of great support available in York, North Yorkshire and East Riding for businesses who are looking to grow and How’s...
Retail Giants Warm to Designer Radiator Firm
02 Feb 2017 09:30
By Fergus Mckie An entrepreneurial duo has put their buying power to work by forming their own business. Seasoned buyers Paul Johnson and Andrew Smith formed Crimson Bear, a firm that sources high-end radiators and heating solutions for the home from across the world. Paul and Andrew planted the...
Bar Venture Boosted After Start Up Business Funding
23 Jan 2017 14:30
Brian Simpson has long been at the forefront of Northallerton’s bar scene. In 1994 he converted a furniture store to create the Tanner Hop, which is still a successful business trading as The Tithe Bar, and in 1999 he took on the Station Hotel. Brian then moved overseas before returning to open his...
Northern Not for Profit Business Lender shortlisted in NatWest SE100 Social Business Awards
04 Jan 2017 12:00
The Business Enterprise Fund celebrated by NatWest SE100, UK’s leading market intelligence resource for social enterprise Stephen Waud, Chief Executive of the Business Enterprise Fund, a social enterprise that lends to small businesses in the North, has been shortlisted for the Leadership award...
Fund raises Healthcare Company’s fitness to deliver
08 Dec 2016 16:00
An Independent healthcare service provider has been established in Ossett, creating the opportunity for careers in the Wakefield area. With extensive experience in different roles within the Health Industry, Paul Caffrey decided to start his own business, Heart Medical, which provides medical support...
Hand-made funding solution crafted for award-winning North Shields Business
01 Dec 2016 11:00
A thriving North East business is powering ahead after receiving finance from the Business Enterprise Fund (BEF). Craft Yourself Silly, based in North Shields, creates and sells a wide range of craft packs, including weaving, felting and sewing kits. Founder and champion of crafts Hayley Smith opened...
Northern Business Lender Recognised as Enterprise Team of the Year
23 Nov 2016 17:15
The team at Business Enterprise Fund in Yorkshire and the North East was recognised as our Enterprise team of the Year at this years National Enterprise Network Awards. The commendation is in recognition of their work to bring a new generation of enterprise support champions into the business. Business...
Studio Now in the Picture for York Photographer
23 Nov 2016 16:15
Nikki Bowling studied Photography and Design at Harrogate College before setting up her own photography business in 2001. Her stylish and creative work attracts a range of clients to her brand new studio in Clifton Moor, York. Until now Nikki has specialised in ‘location’ photography such as weddings...
Funding Boost for Specialist Engineering Firm
15 Nov 2016 11:15
Dytel Technologies Ltd is a Pudsey based specialist engineer for the manufacturing industry. Founder Charles Adams has over 40 years’ experience in engineering solutions improve manufacturing processes, and with a loan from the Business Enterprise Fund (BEF) has been able to finance new contracts and...
Funding for Small Businesses in the Midst of Doom, Gloom and Brexit
28 Oct 2016 14:45
Business Enterprise Fund (BEF) is a not for profit lender that provides finance to small businesses that have been unable to access their full need from mainstream lenders. We lend up to £50,000 on an unsecured basis and up to £150,000 secured. We also deliver Start Up Loans – a Government fund...
Cycle Shop Venture Proves Start-up Success
25 Jul 2016 09:45
A thriving cycle shop in Thirsk has changed up a gear after receiving funding from the Business Enterprise Fund (BEF). Founded by Iaen Bell in May 2014, Venture Cycles offers a wide range of bikes and cycling equipment as well as bicycle servicing and a custom bike building service. Iaen had worked...
E-Spark’ Chicklet Outgrows Warehouse & Plans For A Smiley Future
03 Jun 2016 11:15
“E-Spark’ Chicklet Outgrows Warehouse & Plans For A Smiley Future” Family owned and grassroots company Love Bomb Cushions, who are on the official Entrepreneurial Spark Programme in Leeds, have relocated their distribution warehouse to TKC Sales in Steeple Ashton and announce plans to continue...
SME Businesses Rise as Start-up’s Spring Up
20 May 2016 16:00
Owning your own business is as popular as ever. Britain’s start-up scene is showing no signs of slowing down. As trends change and workers become fed up of the corporate world, small businesses are being founded as new found entrepreneurs want to become their own boss. 600,000 new companies were...
Leeds Businesses Work Up a Sweat for Charity Bike Scheme
12 May 2016 12:00
Business Enterprise Fund (BEF) client BPM Bike Lab have launched a charity challenge where their members take part in as many fitness classes as possible to raise money for Welcome to Yorkshire’s “Bike Libraries Scheme”, which is supported by Leeds-based Yorkshire Bank. The initiatives aim is...
Funding For Indian Restaurant Spices Up Headingley
19 Feb 2016 11:30
Alison White is a serial entrepreneur. After founding a successful research company, she tried something new by opening her own café-deli, White’s on Otley Road Headingley in 2014. With her second venture thriving Alison snapped up an opportunity by taking on a vacant shopfront on the same street. With...
Healthy Fast Food Brings Nourishment to Leeds
20 Jan 2016 11:30
David Stache is a qualified nutritionist. In 2010 he wanted to invest his passion for healthy living into a business. The process of finding the perfect approach took him through a number of ideas including a gym and specialist café, providing advice from a personal nutritionist with a diet and fitness...
Novelty Cushions Put on a Smile for Family Business
22 Dec 2015 09:15
Emoji Cushion Lovers started when Sarah Agar-Brennan’s daughter received an emoji style cushion for her 14th birthday. The smiley-faced cushion was poorly made and took weeks to arrive in the post but seeing her daughter’s delight for the present, Sarah knew there was a business idea afoot. With...
Success for Organic Farm Shop After BEF Refinance
26 Nov 2015 15:45
Often the best way to grow a business is through a re-finance. Cross Lanes Café in Barnard Castle was opened in 2011 and wanted to continue development after a successful start. Business Enterprise Fund Investment Manager David Winspear advised Peter and Sue Coverdale and was able to provide a loan...
Vehicle Repair Industry Restored in Goole
13 Nov 2015 16:00
Andy Etherington and Carl Smith are experts in vehicle restoration and repair – between them they have over 50 years’ experience! Together they opened their own Repair and Restore Bodyshop in Goole in October 2014 thanks to business loan support from the Goole Development Trust (GDT). Since opening,...
New Talent Barber Cuts it in Selby
13 Nov 2015 09:00
Dan Firth had come to a cross roads. After graduating with a graphic design degree he took up a number of hospitality roles where he gained experience in management. With acquired business skills and an eye for the aesthetic, Dan jumped at the opportunity of taking on the lease from a friend’s hair...
Business Enterprise Fund's Response to the UK Steel Crisis
12 Nov 2015 16:45
After a painful few years the final coke ovens of Teesside have finally been extinguished. Once cooled, there’s no resurrection for them, they’re rendered useless. For the local population this means over 10 thousand jobs in total no longer exist. The steel industry has been dominant and has become...
The Business Enterprise Fund Becomes NACFB Patron
08 Oct 2015 16:00
BEF are delighted to have become a regional patron of the National Association of Commercial Finance Brokers (NACFB) recognising the increasing importance of commercial brokers to our continued success. The NACFB have over 1,500 commercial finance brokers in membership who wrote £16billion of new...
Fish & Chips Back on the Menu for Mirfield!
22 Sep 2015 16:30
Lauren Dalby had experience in the restaurant business and, after seeing her local fish and chip shop in Mirfield close, she knew it was time to start her own business venture. The great British cuisine had returned to the streets of Mirfield but Lauren wanted to approach the project differently....
Fish & Chips Back on the Menu for Mirfield!
22 Sep 2015 10:15
Lauren Dalby had experience in the restaurant business and, after seeing her local fish and chip shop in Mirfield close, she knew it was time to start her own business venture. The great British cuisine had returned to the streets of Mirfield but Lauren wanted to approach the project differently....
Cult Entertainment Store Spices Up Skipton
09 Sep 2015 10:15
Geekery is a complex art. It covers all bases from television franchises, to comic books and super heroes, bringing audiences out of this world and back. Nicola Jankowicz was struck by entertainment store ‘PIQ!’ whilst on holiday in Florida and decided that she had to have a slice of the action....
New Fitness Lab Puts Leeds in a Spin
02 Aug 2015 11:30
Leeds has a new arrival on the fitness scene. BPM Bikelab has set to work in revolutionising health and fitness. Founders Jon Robinson and Jen Edwards-Robinson have set up a holistic health and wellbeing centre focussed round exercise bikes. An air conditioned room holds rows of state of the art...
Butcher Brings the Taste of South Africa to Leeds
31 Jul 2015 09:45
In December 2010, Leeds Market experienced the taste of Africa as Capcan Butchers shop was established. South African born Pierre Nortje has since left his market stall to open a new shop in Alwoodley, Leeds. ‘My New Butcher and Deli’ feeds the growing demand for authentic African food and drink...
Young Entrepreneur Takes The Wheel With Start Up Land Rover Hire Business
30 Jul 2015 12:00
Dan Petch is 18 years old and finishing sixth form. He lives in the heart of some of Yorkshire’s finest landscape and takes pleasure in exploring it in his Land Rover Defender. Many people dream of upping-sticks from the daily grind and starting something new. For Dan that idea came before university...
Novo Coffee House Proves Caffeine Hit Through Start Up Funding
21 Jul 2015 15:45
Neville Morris had the dream to bring the taste of the Caribbean to Dewsbury. After over 20 years working in sales, he put his passion for good food and coffee to work, and with help from the Business Enterprise Fund and the Start Up Loans Company, Novo Coffee House was born. Neville received finance...
Social Enterprise Success Boosts Economic Growth
20 Jul 2015 15:00
The Business Enterprise Fund has seen another significant year of growth. With their lending continuing to touch more and more businesses, BEF has not only grown in scale but it has grown in terms of the area it covers. Formerly covered West and North Yorkshire, BEF now covers the whole of the North...
Coffee and Caribbean Cuisine Hit Dewsbury from Start Up Support
09 Jul 2015 00:00
Neville Morris had the dream to bring the taste of the Caribbean to Dewsbury. After over 20 years working in sales, he put his passion for good food and coffee to work, and with help from the Business Enterprise Fund and the Start Up Loans Company, Novo Coffee House was born. The café has now been...
Start Up Funding Boosts Emerging Waste Services Company
02 Jul 2015 09:45
Where there's muck there's money. Skip Hire company Price Waste Services in Dewsbury know this and have come on leaps and bounds since their Start Up Loan from The Business Enterprise Fund. Founder Andy has just passed his Class 2 driving test meaning they can now deliver services with a larger...
Social Enterprise Expands to Bring Business Lending to the North East
26 Jun 2015 11:15
The Business Enterprise Fund, the business lender with offices in Bradford, York and Leeds are now firming up their presence in the North East with a regional office at the newly opened Darlington Business Central premises. BEF are currently celebrating 10 years of lending and a number of North East...
Yorkshire Glass Specialists Smash it in first Year Success
19 Jun 2015 08:00
Performance Glass Processing are a Halifax based business which specialises in providing cut fire and acoustic glass to businesses. Just over a year ago they began trading with help from the Business Enterprise Fund and have since expanded their operations and exceeded targets by a milestone. Director...
Social Enterprise Start Ups Win Big
17 Jun 2015 10:15
Two start-up Yorkshire businesses have been busy receiving awards. BEF clients York Cocoa House and Bradford Brewery have been honoured with ‘Young Director of the Year’ and ‘Best New Business’ awards in two separate awards ceremonies. BEF helped both businesses get up and running with Start...
Yorkshire Cake Ace Benefits from BEF Funding
10 Jun 2015 10:45
Allison Whitmarsh is the woman behind handmade bakers ‘ProperMaid’. Since 2008 Allison has put her experience in food manufacturing to use and taken her business from strength to strength, receiving backing from Dragon Deborah Meaden in 2012. Delivering innovative cakes across the country to clients...

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Press Contacts

Fergus Mckie
Marketing Co-ordinator
Tel: 07827 318692
Email: fergus.mckie@befund.org