social impact report & annual statement
BEF has received a £1m loan to support businesses and entrepreneurs in the North East.

Welcome to Business Enterprise Fund (BEF)

At BEF, we specialise in providing detailed, structured support for burgeoning businesses. We understand that finding the right resources and funds can be pivotal to your entrepreneurial journey. However, we've noticed some of our visitors are seeking the Enterprise Fund, a distinct business from Business Enterprise Fund (BEF).

So, which one are you looking for?

The Business Enterprise Fund (BEF) is here to support small to medium-sized businesses across the North with tailored loan solutions. We are your go-to for flexible finance to start, scale up, and flourish.

  • If you're looking for flexible finance up to £250,000,
  • If you are looking for a Start Up Loan to start or grow your business,
  • If you are looking to secure a NPIF II Smaller Business Loan,
  • If you need support for an existing BEF or NPIF loan

Then, you're in the right place.

We provide flexible finance to support different business needs and stages:

  • Start-Up Loans: If your business is still new and traded for less than 36 months, you can borrow up to £25,000 to help get things moving.
  • Small Business Loans: If you need more money, there’s an option to borrow up to £250,000.

The Enterprise Fund, on the other hand, are your go-to if you want to support with an existing Start Up Loan. Typically, this involves

  • Discussing financial difficulty
  • Discussing a missed payment,
  • Changing your bank details,
  • All other day-to-day issues or concerns relating to your Start Up Loan.

Looking for the Enterprise Fund?

Please take a moment to check your bank statement. If your monthly repayments are made to 'The Enterprise Fund' then you are looking for the Enterprise Fund and BEF are unable to assist you. We respect your time and aim to guide you to the right place:

Contact the Enterprise Fund:

  • Email: [email protected]
  • Phone: 0161 245 4977 (Press option 1)
  • Office Hours: 8:30am - 5.00pm, Monday to Friday

We believe in making sure every entrepreneur and business owner finds the exact support they need. If the Enterprise Fund is where your journey continues, we wish you all the best on your path to success.

Still Unsure?

If you're still uncertain about where your needs align, feel free to contact BEF directly. Our team is here to guide you towards the resources best suited for your business's growth and success.

Let's Grow Together

Whether with BEF or the Enterprise Fund, your business journey is important. Find the right support, and let's turn your business dreams into reality.

FAQs

Who you should contact for support can be discovered using your loan reference number or bank statement. The following questions will help guide you.

My bank statement shows I make payments to 'The Enterprise Fund', who should I contact for support?

You should contact the Enterprise Fund which is a separate business to BEF:

  • Email: [email protected]
  • Phone: 0161 245 4977 (Press option 1)
  • Office Hours: 8:30am - 5.00pm, Monday to Friday
My loan reference number starts with BEF, BSC or NPI, who should I contact for support?

Your loan is with BEF so please contact us for support.

Otherwise, please contact the Enterprise Fund for support:

  • Email: [email protected]
  • Phone: 0161 245 4977 (Press option 1)
  • Office Hours: 8:30am - 5.00pm, Monday to Friday
Are Business Enterprise Fund (BEF) and The Enterprise Fund the same business?

No, the two businesses are completely separate. If your bank statement shows you make payments to 'The Enterprise Fund' then please contact them for support:

  • Email: [email protected]
  • Phone: 0161 245 4977 (Press option 1)
  • Office Hours: 8:30am - 5.00pm, Monday to Friday

Otherwise, please contact BEF directly.

What should I do if I think I’m going to miss a Start Up Loan repayment?

You should contact your The Enterprise Fund immediately and let them know your situation. It is always best that you speak to them if you believe you may not be able to make your next repayment rather than wait until the payment is missed.

Contact the Enterprise Fund:

  • Email: [email protected]
  • Phone: 0161 245 4977 (Press option 1)
  • Office Hours: 8:30am - 5.00pm, Monday to Friday
I have a different question about repayments for my Start Up Loan

The British Business Bank provides additional information that may assist you. View more FAQs on Start Up Loan repayments.