Merseyside Loan and Equity Fund

Merseyside Loan and Equity Fund

Fund launched to boost North West small-business growth. Small businesses in Merseyside struggling to access business funding can pitch for investment following the launch of a £25 million loan and equity fund. Established by the Merseyside Special Investment Fund (MSIF), the Merseyside Loan and Equity Fund has immediately made £10 million of funding available to established firms in Merseyside with fewer than 250 employees. However, the overall funding pot will increase to £25 million over the five-year life of the scheme. Investments will range in size from £50,000 to £2 million in the form of a loan, mezzanine or equity finance. “This is good news for local businesses,” said MSIF chairman, Andy Rigby. “Funding has been very difficult to secure in recent times which, co... »