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


Alex Beardsley


Tim Hamilton


Laurence Beardmore


Simon Jackson

Director of Investments

Investment Managers

Doug Heseltine

Senior Investment Manager

Mark Iley

Senior Investment Manager

Lee Vickers

Senior Investment Manager - North East

Hilary Watson

Investment Manager

Chris Conroy

Investment Manager

Tim Burt

Senior Investment Manager - Start Up Loans

Julie Micklethwaite

Start Up Loans Manager

Amber Kershaw

Associate Investment Manager

Habib Karimi

Associate Investment Manager

Tom Kelton

Associate Investment Manager


Shaun Connell

Marketing Coordinator

Administration Team

Tiffany Kilpin

Contracts Manager

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