Northern Powerhouse Investment Fund II
A £660 million investment fund aimed at driving the growth of smaller businesses.
The Northern Powerhouse Investment Fund II is a £660 million investment fund aimed at driving the growth of smaller businesses in the North by providing commercially focused finance through Smaller Loans, Debt Finance and Equity Finance.
The Northern Powerhouse Investment Fund II will build on the success of the first Northern Powerhouse Investment Fund aiming to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the North of England.
The Northern Powerhouse Investment Fund II offers a range of commercial finance options with smaller loans and debt finance from £25,000 to £2 million and equity investment up to £5 million.
Case Study: ESKAM
A Sheffield based company that has helped deliver some of the UK’s most high-profile bridge infrastructure projects has raised almost £1.4m in debt funding to support its further growth.
The funding for EKSPAN is the largest loan to date from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II).
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