Northern Powerhouse Investment Fund Microloans

Northern Powerhouse
Investment Fund

Delivered in partnership with GC Business Finance, the Northern Powerhouse Investment Fund for Microloans (NPIF Microloans) is supported by the European Regional Development Fund, in collaboration with the British Business Bank and Local Enterprise Partnerships (LEPs) across the Northern Powerhouse Region.

The NPIF Microloan Fund was created to provide an alternative source of finance to traditional lenders and can invest via loans between £25k – £100k.

Funds are available for a wide range of purposes, including filling gaps in working capital, funding expansion projects, leasing commercial premises and asset acquisitions. The fund is also sector agnostic and is available to both established and early-stage SMEs who have the capacity to service the loan.

The Fund looks to support these businesses in achieving their growth plans, and for the finance to support the creation or protection of employment as part of these plans.