David Thomas

Investment Director at NEL Fund Managers Limited - Kingsway, Team Valle, UK

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NEL Fund Managers Limited
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NEL Fund Managers Limited

Kingsway, Team Valle, UK • 20 - 49 Employees
Financial Services

NEL Fund Managers is an employee owned fund management company, committed to providing tailored funding solutions to small and medium-sized businesses and enabling the sustainable growth of the local economy through mission-led impact investing.Our current funds under management, the £18m Growth Capital Fund and the £9m Small Loan Fund, offer ambitious businesses in the North East LEP area the opportunity to secure up to £500,000 to accelerate their growth potential. The Growth Capital and Small Loan Funds are part of the overarching £120m North East Fund, set up to provide financial support for more than 600 businesses, creating around 3,500 jobs and delivering a legacy of up to £80m for further investment into the region.Since incorporating in 1989, NEL has successfully invested and fully realised 12 funds. These mission-led investment funds have offered a range of debt, mezzanine and equity finance to businesses across all life stages, from university spin-outs and start-ups to succession takeovers and scale-ups. We have invested in over 200 regional companies in the last five years alone, with hundreds of companies and thousands of jobs in every part of the region being supported. NEL is actively looking to support North East companies with strong management teams and robust business plans for the future. For an initial discussion of your firm's investment requirements, please call 0345 369 7007.

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