FW Capital strengthens its North West team with the appointment of new Investment Executive, Loz O’Connor
FW Capital, which manages The North West Fund for Loans Plus,
has strengthened its North West team, appointing former senior
banker, Loz O’Connor as an Investment Executive.
Manchester-based Loz has considerable
SME lending experience and will work with SMEs throughout the North
West on a range of growth funding requirements.
Prior to joining FW Capital, Loz spent over 35 years at RBS in
senior corporate relationship management and business development
He has previously structured funding packages to back
owner-occupier property purchases and asset/equipment purchases as
well as working capital requirements.
“Loans from The North West Fund for Loans Plus continue to
provide established small and medium-sized businesses in the region
with the financial firepower they need to get their growth plans
off the ground.
“FW Capital is now firmly established in the North West.
Its flexible approach together with its reputation for backing SMEs
with true growth potential is impressive. I’m keen to ensure
that more SMEs benefit from what FW Capital can offer in 2015,” Loz
Welcoming Loz to his team, Gary Guest, FW Capital’s Fund Manager
in the North West said: “We have lent over £30 million to 145
businesses since launch, helping to create or safeguard 1,700 jobs.
2015 promises to be a crucial year as the Fund closes on 31st
December and we have over £11 million available for Merseyside
businesses and £4m available for businesses in Greater Manchester,
Cheshire, Lancashire and Cumbria
“Loans from The North West Fund for Loans Plus continue to play
an important role in increasing the region’s prosperity. Loz will
have a pivotal role in ramping up our lending activity to ensure we
maximise its overall impact.”
The North West Fund for Loans Plus is part of The North West
Fund which is financed by the European Regional Development Fund
and the European Investment Bank.
As fund managers, FW Capital works with banks and other funders
on a wide range of requirements. The flexible lending
criteria available from The North West Fund for Loans Plus means FW
Capital can consider cash flow loans and not simply accept or
reject on the basis of available security.