Gateshead-based NEL Fund Managers said it has secured an additional £21.5 million to invest in businesses across the North of England, expanding its support for ambitious firms seeking capital to grow. The new capital will top up NEL’s existing investment funds backed by the British Business Bank. NEL provides loans from £25,000 to £2 million to established businesses with high-growth potential. The news from NEL Fund Managers came as the firm a…
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