FW Capital

FW Capital invests in 100 SMEs across the North




FW Capital has provided funding to 100 SMEs through NPIF – FW Capital Debt Finance, part of the Northern Powerhouse Investment Fund (NPIF).

The alternative investment fund manager has invested in SMEs from across the Northern Powerhouse region, providing loans of between £100,000 and £750,000 to help boost business growth in the area.

Companies supported by FW Capital include property management business Urbanbubble, which secured a £400,000 investment to support growth plans.

FW Capital also supported Tees Valley firm Communicate Technology PLC (pictured above) with a £500,000 investment to allow it to complete its plans to hire additional staff and purchase equipment. 

Tony Snaith, CEO at Communicate Technology, said that FW Capital played a crucial role in developing its growth plans.

“The team understood what we wanted to achieve and had more flexibility than some of the more traditional lenders who look at immediate profit in projects, instead of taking the longer-term view that we have benefited from.”

Jo Whitfield, fund manager at FW Capital North East, said it was delighted to have now helped 100 SMEs across the North of England.

“At FW Capital, we pride ourselves on our ability to act as long-term growth partners both during the investment process and after.

“Our team works really hard to add value and is ready to provide solutions to problems, make introductions to our network of advisers and support businesses through any challenges on the long-term road to growth.”

Gary Guest, fund manager at FW Capital North West, added: “We are thrilled to have reached this important milestone and we look forward to continuing to invest in our region’s SMEs.

“We have plenty of cash available to help and support ambitious growth plans and can invest alongside other funders to maximise the impact. 

“Our message to northern business owners is to contact us today and see how we can work together.”

Grant Peggie, director at British Business Bank, said that businesses across the North were taking advantage of the funding available to them through the NPIF.

“The fund has made incredible progress since NPIF’s launch in 2017, having helped 100 companies to grow. 

“We hope to continue this momentum in partnership with our fund managers, including FW Capital.”

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