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1,700 jobs created and safeguarded thanks to loans from The North West Fund for Loans Plus
Established businesses throughout the North West have benefitted from over £51 million of investment since 2011 thanks to The North West Fund for Loans Plus, creating or safeguarding over 1,700 jobs.
Fund Manager, FW Capital has lent over £35 million to nearly 200 businesses in the region, attracting an additional £16 million of private sector investment.
Commenting on the long-term impact of the loans, FW Capital Fund Manager Gary Guest said: “This is a significant milestone both for the businesses we’ve invested in as well as the economy of the North West. We’ve met some hard-working and successful business owners in every county of the North West over the last 5 years.
“Our loans are providing these business owners with the backing they need to build and expand their businesses. These businesses are already making a significant contribution to the region’s prosperity and I’m confident they’ll continue playing a key role in its future growth.”
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