social impact report & annual statement

Start or grow your small business

Power up your business with BEF's flexible financing options. Whether you want to boost cash flow, buy stock, invest in new equipment, expand your team, or manage unexpected expenses, we're here to help. Explore our loans and apply today.

Start Up Loan

£500 - £25k

Start or grow your business

  • For business trading up to 36 months
  • Terms up to 5 years
  • Fixed interest rate of 6% per annum
Learn more

NPIF II Smaller Loans

£25k - £100k

Start or grow your business

  • For new and growing businesses
  • Terms up to 5 years
  • Flexible rates available
Learn more

Small Business Loan

Up to £250k

Grow your business

  • For businesses of all ages
  • Terms up to 5 years
  • Flexible rates available
Learn more

Finance for good

Small businesses across the North use flexible finance from BEF to start up, scale up and thrive. Empowered small businesses lead to empowered communities. Small businesses account for three-fifths of the employment and around half of turnover in the UK private sector*. That's why we champion small businesses. [*Source: The FSB]

Finance that power possibilities

Many small businesses struggle to access the finance they need when they need it the most. Our tailored solutions unlock access to finance to help small businesses flourish and impact their local communities.

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Small businesses, big impact

As a Community Development Finance Institution (CDFI), we place a special focus on supporting underserved business owners* and communities. Last year, we invested £16 million into businesses, added £64 million to the economy, and helped 750 businesses. That included 396 new UK businesses. [*Women, ethnic minorities, young and mature people.]

Boosting businesses and communities

Altogether, we've supported over 5,000 businesses and helped create or safeguard over 13,000 jobs. As a not-for-profit social enterprise, every bit of our profit is reinvested to stimulate economic growth and create jobs.

Read our latest Social Impact Report

Latest News

See what we’re up to and read our client’s stories