Business Enterprise Fund

Investor: Lloyds

The Business Enterprise Fund (BEF) has secured £9 million of new capital from Lloyds, Better Society Capital, Unity Trust Bank and Ceniarth to bolster working capital and growth for businesses in northern England.Summary of transaction details:Value: £9mSector: Business ServicesAdvisor: nullKey Entities: Business Enterprise Fund (BEF), Lloyds, Better Society Capital, Unity Trust Bank, CeniarthLocation: United KingdomNote: The infusion of capital enables BEF to address the financing gap for SMEs in the North, fostering regional economic development and resilience.