North West Fund for Development Capital

Category:

Venture Capital

Description:

The North West Fund for Development Capital provides investment capital to support business expansion in circumstances where a business is already generating trading income and cash flow. This type of funding is particularly helpful to fast growing innovative businesses which have been unable to attract investment capital from traditional sources. The North West Fund for Development Capital provides finance from BP 100,000 toBP £2m to trading businesses seeking finance to support their expansion plans. In return, the Fund Manager will require an equity share in the business. Capital structures can include a combination of equity, quasi-equity or mezzanine capital and loans (linked to equity) as best suits the needs of the company. The funds new mezzanine finance product MEZZ is especially suitable for growing businesses that need more finance than their bank will provide. The new MEZZ product fills a gap in the market, providing a finance solution that is transparent and easily understandable - a loan with a small equity option.

Location:

United Kingdom

Warrington