social impact report & annual statement

As a social enterprise, our profits are re-invested in the company to further our social aims.

Founded in Bradford, BEF began lending to small businesses in the local area with an initiative to encourage growth in the economy and provide a positive impact on job creation and communities.

Over the last 14 years, we have lent to a wide range of businesses, from sole traders and start-ups, through to established multi-site companies.

BEF have a growing presence and has spread across the North East of England, as well as North and West Yorkshire, Humberside and North Lincolnshire. They also have Grade A office space, City Hub, in the heart of Bradford for local SME businesses.

North East, Yorkshire & Humber Map

The Team

Human expertise is key to our service - meet our team.

The Board

Malcolm Lynch


Stephen Waud

Chief Executive

Sandy Needham


Kim Rebecchi


Steve Nicholson


Andy Cayton portrait Business Enterprise Fund board

Andy Caton


Lee Underwood


Investment Managers

Simon Jackson

Head of Investment

Mark Iley

North and West Yorkshire

Hilary Watson

West Yorkshire

Doug Heseltine

West Yorkshire

Matt Wood

West Yorkshire

Andy Clough

North Yorkshire and Humber

Steph Cooper

Greater Manchester

Lee Vickers

Tees Valley and the North East

Julie Micklethwaite

Start Up Loans Manager

Rupert Shires

Start Up Loans Manager


Ruth Sullivan

Marketing Coordinator

Shaun Connell

Marketing Coordinator

Administration Team

Gemma Robertson

PA to Chief Executive / Office Manager

Ann Harper

Portfolio Administrator

Tiffany Kilpin

Fund Administrator

Emily Latus

Fund Administrator

Our Partners

Collaboration is key. These are the people we work with to make what we do possible.

Working with the British Business Bank logo
BEF partner European Microfinance Network logo
British Chamber of Commerce Logo
AD:Venture Business Support Programme partner logo