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Lend A Million Launch 2010


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Lend A Million Launch 2010

  1. 2. <ul><li>&quot;The Business Enterprise Fund team are approachable, knowledgeable and innovative professionals who proved to be the catalyst that turned our vision of Palm Cove Society into a reality. They helped us create a strong foundation ensuring future sustainability through their excellent business management and dynamic mentoring facilities.&quot; Yvonne Hall - Director Palm Cove Society </li></ul>
  2. 3. Thank you for all your support
  3. 4. <ul><li>&quot;People have said the loan is costly, but in my view when I consider the immense amount of support I have had from the mentoring and through the Bradford Chamber and its services, then the loan is in reality very low cost and the support of a far higher quality and level than you would ever get from any other funder.&quot; Karlis Obrams – Xvista </li></ul>
  4. 5. Since April we have lent £1.1 million
  5. 6. <ul><li>&quot;The Business Enterprise Fund provided us with a loan to expand our business.  Once we become eligible for mainstream finance they assisted us in applying for a loan from a high street bank.  Their help has been invaluable.&quot;  Matt Firth – Rig Out </li></ul>
  6. 7. We have funded 15 existing businesses and 17 start up businesses
  7. 8. <ul><li>“ The Business Enterprise Fund sourced a favourable invoice factoring deal for us to get the company’s cash flowing again. We are now on target to smash our first year target of £150,000. Without the Business Enterprise Fund we would not have made it.” Paschal Duran – Salts Security Systems </li></ul>
  8. 9. Our loans have help safeguard 140 jobs since April
  9. 10. <ul><li>“ The mentoring was very valuable to me because it gave me someone who could talk the talk with me, someone to help me in all points of my development, the highs and the lows. The most valuable part of the mentoring was the knowledge and contacts that my mentor brought to the table. I would recommend anyone to get a mentor from BEF, it is like getting a business partner. ” Pierre Nortje – Capcan </li></ul>
  10. 11. 62 new jobs have been created as a result of our loans this year
  11. 12. <ul><li>“ The Business Enterprise Fund has been fantastic. We found the process very straight forward and we were kept well informed of each step. The book keeping side of things was a real worry to us but after working with the Fund’s bookkeeper she has shown us how to control the books. I feel more confident and I always feel I am able to give a call if in need. Our business has got off to a great start.” Dennis & Collette Hill – Fighting Fit </li></ul>
  12. 13. 44 loans approved since April
  13. 14. <ul><li>“ The Mentor has been an absolute star and even when we have faced difficulties, he has been there to guide us safely through.” Dr Hanna Aslam - Food Republic </li></ul>
  14. 15. Thank you for all your support, we hope you will continue to send us referrals allowing us to help the hardest to reach