Member Article

Manchester’s Business Finance Solutions support 1000 startups with £6 million

Manchester based Business Finance Solutions (BFS) has reached a milestone of funding £6 million of Start Up Now loans to over 1000 entrepreneurs.

The funding has enabled 1100 businesses to launch across the North West, creating thousands of new jobs in the region within a wide range of businesses from manufacturing to breweries.

1100 BFS Start Up Now recipients in the North West are now running their own businesses, creating employment and economic opportunities across Greater Manchester, Lancashire, Merseyside, Cheshire and Cumbria.

Start Up Now is available to everyone over the age of 18 in the North West.

Director of Business Finance Solutions , Paul Breen, said: “Delivering £6 million worth of loans to businesses in the North West is a fantastic achievement.

“Start Up Now is all about unlocking the great entrepreneurial spirit that this region has become famous for and we know that the low cost finance, mentoring and business support that the programme delivers is filling a real gap in the market for start ups.

“Working with our partners such as NatWest has also had a big impact on the number of applications this year as the bank refers companies on to us if they are unable to provide all the funding they may need.

“This means that we are creating thousands of businesses and jobs that would otherwise simply not exist.”

This was posted in Bdaily's Members' News section by Sophia Taha .