Business Loans from up £1000 to £150000. An alternative source of finance for businesses unable to access mainstream funds and can also act as a gap funder for a wider finance package.
Finance For Enterprise (originally Donbac) was created in 1985 as one of the first Enterprise Agencies in the region and quickly became widely acknowledged as a key deliverer of business advice. With support from British Rail Engineering Limited, a Loan Fund was developed to support local businesses, creating a benchmark Agency, which others followed.
Finance For Enterprise has constantly adapted to the ever changing business support environment and has witnessed the highs and lows of the regional economy affecting the business community. This pattern of constant change remains evident in the present day with restrictions in high street bank lending policies and further changes in the business support structure including the demise of the Regional Development Agencies and Business Link and the creation of Local Enterprise Partnerships.
For more than 30 years, Finance For Enterprise has played a vital enterprise role in the region, supporting client businesses and partner organisations, investing in other funding agencies such as South Yorkshire Investment Fund (SYIF), making grant awards for enterprise in education projects and funding enterprise research. The company was re-launched with additional resources in 2008 bringing increased funding and services for businesses across South Yorkshire.
Finance For Enterprise is now a well respected and successful Enterprise Agency and as a Community Development Finance Institution (CDFI), is a key provider of advice and finance in the area, helping both new start and established businesses.