Great opportunity for Merseyside businesses
With The North West Fund for Loans Plus closing on Thursday, 30
June 2016, FW Capital’s Fund Manager Gary Guest is urging more
Merseyside businesses to take advantage of the millions of
pounds still available from the fund.
“Over 200 businesses have received loans from The North West
Fund for Loans Plus in the last five years and just over a third of
these have been Merseyside based,” Guest explained. “I’m convinced
more ambitious Merseyside businesses could benefit from the
millions we still have to lend, but the clock is ticking as the
fund is closing at the end of June.”
Merseyside-based small and medium-sized businesses (SMEs) can
apply for loans from
£50,000 to £750,000 from The North West Fund for Loans Plus to fund
their growth and expansion.
“Our loans have already helped Merseyside businesses expand and
grow, from young businesses employing one or two people to more
established businesses,” Guest continues.
“At FW Capital we have a flexible approach and consider each
business plan individually to ensure the business receives a loan
that will give it the best chance of long-term success.”
These loans can provide ambitious Merseyside businesses with the
injection of capital they need to fund a wide range of growth costs
including stock and equipment purchases as well as staff
recruitment costs. They can also help with the costs of purchasing
or improving premises.
A loan from The North West Fund for Loans Plus provided
Ventilation Surveys and Services Ltd (VSS) with the finance it
needed to move its headquarters to Liverpool in 2015.
Since the move VSS has gone on to win new contracts and take on
new staff. They have also received a second loan from FW Capital to
fund their additional working capital requirement they had as
“We’ve been impressed by FW Capital’s service. Carol Bolland,
Investment Executive at FW Capital took time to understand our
business, specialist expertise and the potential for growth in our
key markets. She could also see that our expansion plans and
forecasts were achievable,” explained VSS’s chief executive, George
“We’ve built a strong, proactive relationship with FW Capital
and the loans we’ve received from The North West Fund for Loans
Plus have provided us with the financial stability we need to
achieve long- term success.”
With just over three months to go, FW Capital’s Merseyside team
is keen to talk to more ambitious Merseyside businesses.