lend a million launch 2010

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BEFs success to date

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Page 1: Lend A Million Launch 2010
Page 2: Lend A Million Launch 2010

"The Business Enterprise Fund team are approachable, knowledgeable and innovative professionals who proved to be the catalyst that turned our vision of Palm Cove Society into a reality. They helped us create a strong

foundation ensuring future sustainability through their excellent business management

and dynamic mentoring facilities." Yvonne Hall - Director Palm Cove Society

Page 3: Lend A Million Launch 2010

Thank you for all your support

Page 4: Lend A Million Launch 2010

"People have said the loan is costly, but in my view when I consider the immense amount of support I have had from the mentoring and through the Bradford Chamber and its services, then the loan is in reality very low cost and the support of a far higher quality and level than you would ever get from any other funder." Karlis Obrams – Xvista

Page 5: Lend A Million Launch 2010

Since April we have lent £1.1 million

Page 6: Lend A Million Launch 2010

"The Business Enterprise Fund provided us with a loan to expand our business.  Once we become eligible for mainstream finance they assisted us in applying for a loan from a high street bank.  Their help has been invaluable."  Matt Firth – Rig Out

Page 7: Lend A Million Launch 2010

We have funded 15 existing businesses and 17start up businesses

Page 8: Lend A Million Launch 2010

“The Business Enterprise Fund sourced a favourable invoice factoring deal for us to get the company’s cash flowing again. We are now on target to smash our first year target of £150,000. Without the Business

Enterprise Fund we would not have made it.” Paschal Duran – Salts Security Systems

Page 9: Lend A Million Launch 2010

Our loans have help safeguard 140

jobs since April

Page 10: Lend A Million Launch 2010

“The mentoring was very valuable to me because it gave me someone who could

talk the talk with me, someone to help me in all points of my development, the highs

and the lows. The most valuable part of the mentoring was the knowledge and contacts

that my mentor brought to the table. I would recommend anyone to get a mentor

from BEF, it is like getting a business partner. ” Pierre Nortje – Capcan

Page 11: Lend A Million Launch 2010

62 new jobs have been created as a result of our

loans this year

Page 12: Lend A Million Launch 2010

“The Business Enterprise Fund has been fantastic. We found the process very straight forward and we were kept well informed of each step. The book keeping side of things was a real worry to us but after working with the Fund’s bookkeeper she has shown us how to control the books. I feel more confident and I always feel I am able to give a call if in need. Our business has got off to a great start.” Dennis & Collette Hill – Fighting Fit

Page 13: Lend A Million Launch 2010

44 loans approved since April

Page 14: Lend A Million Launch 2010

“The Mentor has been an absolute star and even when we have faced difficulties, he

has been there to guide us safely through.” Dr Hanna Aslam - Food Republic

Page 15: Lend A Million Launch 2010

Thank you for all your support, we hope you will

continue to send us referrals allowing us to help the

hardest to reach