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Business Finance in South Yorkshire
SYIF provide seedcorn finance, loans and equity linked investments ranging from £15k - £2.5m to small and medium sized businesses (SMEs*).
Businesses must be located in, or planning to relocate to, South Yorkshire (Barnsley, Doncaster, Rotherham and Sheffield).
Our finance packages help businesses fill the gaps in funding they need for development or acquisition, where conventional sources of finance are insufficient or unavailable.
Our aim is to finance ambitious entrepreneurs and businesses who can demonstrate their ability to successfully grow their businesses.
Who Can We Help?
- SMEs* (small and medium sized businesses) paying business rates in South Yorkshire or those wishing to relocate, with a funding gap.
- See our case studies for information about some of the businesses we've invested in.
Update March 2008
All investments made by South Yorkshire Investment Fund should be drawn no later than 19th December 2008. There is a limit to the amount investable under the fund and therefore the Fund may be fully committed in advance of this date. The Fund reserves the right to withdraw an offer of investment in this instance.
Seedcorn Finance
- £15k to £500k
- Early stage Proof of Concept and Commercialisation
- Technology and Knowledge based businesses
- More information about Seedcorn Finance...
Business Loans
- £15k to £150k
- Typically unsecured
- Sliding scale of interest rebates depending on size of loan
- More information about Business Loans...
Equity Linked Investments
- £100k to £2.5m
- Minority equity stakes sought
- Competitive interest rates charged on loans with equity options
- More information about Equity Linked Investments...
Money with Management
An integral part of the way SYIF helps businesses is through Mentorbank which provides mentoring and support to help management teams grow their businesses.
If you have any questions or wish to talk to someone about making an application please phone 01709 386 377 or email application@syif.com
*SME (Small or Medium-sized Enterprise) is a business employing less than 250 employees, with an annual turnover of less than 50m Euros (approx. £36m) or balance sheet net assets of less than 43m Euros (approx. £31m). The business cannot be part of a larger group employing more then 250 employees where the group owns at least a 25% share of the business.
