social impact report & annual statement

£60k RLS-backed loan in Lancashire

Mark Iley delivered a £60k RLS-backed loan to a Lancashire-based engineering business.

Amount / Purpose

The £60,000 RLS-backed* loan provided working capital for growth and helped safeguard four jobs.

*The RLS scheme provides the lender with a guarantee against the outstanding facility balance. The borrower always remains 100% liable for the debt.

Investment Manager

Mark Iley

Do you need flexible finance to grow your business?

BEF provide loans up to £250,000 for a wide range of business purposes:

  • Boost your cashflow
  • Purchase equipment
  • Purchase stock
  • Marketing
  • Business growth

Learn more about our business loans and the RLS scheme. Ready to apply? Apply now.

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