Investing in jobs and business growth.
The North East Investment Fund was set up to help grow businesses and create more and better jobs for the North East? Unlock loan funding to build your business growth potential with the North East Investment Fund (NEIF).
The North East Investment Fund is a loan fund supporting capital projects that encourage local economic growth and create jobs in our area.
Since 2012, £58 million has been secured by organisations with projects that will have a positive impact on the North East regional economy.
We offer secured business loans* from £200,000+ with a fixed interest rate and flexible repayment options.
As an evergreen fund, repayments and interest from all loans is put back into the fund and re-allocated to support new projects.
The North East Investment Fund is managed by the North East Local Enterprise Partnership and financed by £25m of Growing Places Fund and £30m of Regional Growth Fund.
The North East Investment Fund supports capital projects that encourage local economic growth and create jobs in our area.
The North East Investment Fund exists to support projects that help maintain or improve an asset, often called infrastructure. A project could be a new construction, expansion, renovation, or replacement for an existing facility or facilities.
The projects – known as capital projects – must prove how the investment provides an improvement, new feature or benefit, for example: expanding capacity, reducing costs or producing new components.
The North East Investment Fund (NEIF) is managed by the North East Local Enterprise Partnership.
*Any property used as security, may be repossessed if you do not keep up repayments on your loan.
Want to know more about the NEIF?
Call us on 0191 338 7432 or email: [email protected]
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Want to find out more about projects that the LEP has funded?