Member Article

Newly rebranded Finance for Enterprise unveils growth strategy after loaning £1.1 million

South Yorkshire finance organisation which has supported businesses across South Yorkshire and the North Midlands for more than 25 years unveils a new strategy for growth today.

Finance For Enterprise, previously known as Donbac, has invested in a fresh new brand and marketing strategy which will be revealed at a launch event at the Aston Sheffield Hotel.

Finance For Enterprise provides new and existing businesses which may have been unable to access mainstream funds with the finance they need to invest and grow.

Finance For Enterprise has loaned £8 million to 600 businesses since 2008 and supported 50 businesses with a total investment of £1.1 million in the first quarter of 2014. The organisation’s median loan value is £27,000 over a typical 36 month term.

Finance For Enterprise Chairman Michael Shepherd said: “We’re extremely proud of our track record in supporting businesses over the last 25 years and have ambitious plans to increase the volume of that support over the coming months and years.

“We’ve often been described as a ‘best kept secret’ which is something we need to move away from. The new brand will help us do that.

“We’ve got access to more funds than ever and, as the economy picks up, we’re determined to ensure that viable businesses get all the support they deserve. As an organisation which helped secure or create 796 jobs across the region last year, we have a lot to shout about.”

The new branding, which was created by Barnsley-based DMSQD, will be supported by the launch of a new website and corporate brochures.

Finance For Enterprise is a not for profit company limited by guarantee and funded by organisations including CDFA, European Regional Development Fund and the Regional Growth Fund.

This was posted in Bdaily's Members' News section by Clare Burnett .