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 15 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 and North West of England, as well as North and West Yorkshire, Humberside and North Lincolnshire. We also have Grade A office space, City Hub, in the heart of Bradford for local SME businesses.

North of England Map

The Team

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

The Board

Malcolm Lynch


Stephen Waud

Chief Executive

James Mason


Lee Underwood


Alex Beardsley


Tim Hamilton


Laurence Beardmore


Simon Jackson

Director of Investments

Investment Managers

Mark Iley

North and West Yorkshire

Hilary Watson

West Yorkshire

Doug Heseltine

West Yorkshire

Chris Conroy

West Yorkshire

Lee Vickers

Tees Valley and the North East

Simon Truby

Greater Manchester

Julie Micklethwaite

Start Up Loans Manager

Habib Karimi

Associate Investment Manager

Tim Burt

Associate Investment Manager

Tom Kelton

Associate Investment Manager


Shaun Connell

Marketing Coordinator

Administration Team

Gemma Robertson

PA to Chief Executive / Office Manager

Tiffany Kilpin

Fund Administrator

Saharesh Naz

Fund Administrator

Our Partners

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

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