Business Enterprise Fund is a not for profit social enterprise, set up to provide loans to SME businesses that will help them thrive and grow when other lenders can’t fully assist.

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 12 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

Julian Abenbrook

Executive Director

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

Doug Heseltine, Investment Manager for West Yorkshire at the Business Enterprise Fund

Doug Heseltine

West Yorkshire

Jeremy Meadowcroft

West Yorkshire

Hilary Watson

West Yorkshire

John Hall

West Yorkshire

Andy Clough portrait Business Enterprise Fund Investment Manager North Yorkshire and Humber

Andy Clough

North Yorkshire and Humber

Julie Micklethwaite

Start Up Loans Manager

Rupert Shires

Start Up Loans Manager

Ellie Hogarth, Start Up Loans Manager at the Business Enterprise Fund

Ellie Hogarth

Start Up Loans Manager


Nicolas Kendall

Head of Marketing

Ruth Sullivan

Marketing Coordinator

Gemma Robertson

Project Coordinator

Administration Team

Lynne Akroyd

PA to the CEO

Olivia Critchley

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