BEF north east

Championing start-ups and growing businesses in the North East of England with funding of up to £250k.

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A personalised approach to business loans

For many businesses in the North East, securing finance from traditional lenders can be a challenge. At BEF, we take a more flexible approach. We understand that every business is unique, which is why we offer customised financial solutions designed around your needs.

When you work with us, you're not just another case file. You'll have direct access to an experienced and supportive Investment Manager who will take the time to understand your business and guide you to the right funding options.

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Our dedicated team of lending experts

Here to provide you with personalised support that drives real results.
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Lee Vickers Business Loans
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Antony Nicholson Business Loans
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Chris McGill Start Up Loans
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Claire Constable Start Up Loans
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Shannon Donaghy Start Up Loans

What business loans are available in the North East

We offer flexible financing options to support businesses at every stage across the North East. Whether you're a pre-start, start-up or an established business, no matter your sector or size, we have a loan tailored to meet your unique needs.


 

Start up loan £500 to £25k

If your business is under 36 months old, you can borrow up to £25,000 to fuel its growth and get things moving.


  • A 6% fixed interest rate
  • Flexible repayment 1 to 5 years
  • Up to 4 partners or directors
  • No arrangement fees
  • No early repayment fees
Learn more
Small business loan Up to £250k

Designed for growing businesses that need more capital to expand and reach the next level.


  • Competitive interest rates
  • Flexible repayment 1 to 5 years
  • Get funds within 2-3 weeks
  • Minimal setup fees
  • Minimal early repayment fees
Learn more

How can my North East business use a BEF business loan

Working capital

This is for the everyday money needs like paying your team, covering bills, and other regular costs.

Start up costs

Got a new business idea? Use a Start Up Loan for starting out costs like getting licenses, permits, and buying your initial gear.

Scaling up

Ready to make your business bigger or expand into new areas? There’s money to support that move too.

Stock

Need stuff to sell or materials to make your products? The loan can help buy all that.

Technology

If you need new machines, tools, or the latest tech to help your business grow, you can use the loan for that.

Property

Whether you’re buying a new place for your business, fixing up your current one, or giving it a makeover, there’s cash for that.

You can use our business loans to support a wide range of business activities.

Why choose BEF

Fair rates for the North East

Our interest rates are set to match what's going on in the North East, making it easier for businesses to grow without getting weighed down by costs.

Local help from the local experts

Our team is made up of local experts who understand the business landscape in the North East. They tailor our services to provide you with the most relevant advice and solutions for your business.

Fast loan approval

We get your loan sorted quickly so you can jump on opportunities or sort out problems without delay.

We understand the North East

Our loans address the challenges that local businesses face, providing real support that makes a meaningful impact on businesses and communities in the region.

We’ve designed our loans to meet the specific needs of your business, addressing the unique challenges you may encounter. Discover how our innovative approach can help your business start, grow, and thrive.

Make an enquiry

Hear from our clients

We measure our success by the achievements of the businesses we support. Here’s what some of our clients have to say about their journey.

    “This investment from BEF is a game changer for us. It will allow us to reach even more mums across the UK, expand our team, and enhance the support we offer. We’re incredibly excited about the future and grateful for the opportunity to make an even bigger impact in the lives of mothers.”

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    Kayleigh Laverick

    Mamma Social

    “The Start Up Loan from BEF was a game-changer for me, allowing me to transform my vision of owning my own salon into reality and create a space that not only stands out aesthetically, but also embodies the values of community and inclusivity.”

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    Sara Razzaq

    Nova Salon

    "The £70k loan from BEF and Ceniarth has allowed for product manufacturing and marketing activities; without this money and the support from my investment manager Antony, this wasn’t going to be possible."

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    Chris Withers

    Mi-BoxLive

    "Thanks to BEF and NPIF, we’ve been able to develop this industry-revolutionising technology, powered by our decades of conveyancing experience."

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    Ruth Beeton

    Home Sale Pack

    How do I get started

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    1. Fill out enquiry form

    Complete our online enquiry form. It takes just a minute.

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    2. Submit the form

    This action sends your information directly to our investment team, who will begin reviewing your request.

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    3. Await contact

    A member of our investment team will get back to you within two working days.

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    4. Receive guidance on next steps

    They'll guide you on your next steps, including how to complete a full application.

    Your frequently asked questions

    Have questions? We have answers. If you don't see your question here then reach out to us via our contact page.

    Get in touch
    Is my business eligible?
    What can I use a BEF small business loan for?
    How long does an application take to be approved?
    Can I use a small business loan to start a new business?
    How do I apply for a small business loan from BEF?
    How do I grant permission for BEF to access my financial data using Open Banking?
    What is a personal guarantee?