Partners | Newable
British Business Bank
The British Business Bank’s Enterprise Finance Guarantee (EFG) facilitates lending to smaller businesses that are viable but unable to obtain finance from their lender due to having insufficient security to meet the lender’s normal requirements. As an EFG accredited lender, Newable is provided with a Government-backed guarantee by the British Business Bank.

We collaborate with the LEP on joint events and initiatives and play an active role within the enterprise support eco-structure in the Buckinghamshire area.

Business Finance Solutions
Business Finance Solutions are a Newable finance partner that is responsible for the disbursement of the loan documentation and collection of loan repayments for the Start Up Loans programme and the New Enterprise Allowance Loan.

City of London Corporation
Pathways 2 Enterprise Programme is managed by Newable and funded by the City of London Corporation, as part of its commitment to bridging the gap between the City and its neighbours.

Coast to Capital
Newable has developed an excellent working relationship with Coast to Capital at strategic and operational level. Our team is represented on a number of committees and working groups, making sure our services and resources are fully aligned with the LEP and other local partner-logos. We will shortly be launching a specific initiative helping SMEs develop international trade in South East Asian markets in collaboration with Coast to Capital and other public & private sector partner-logos in the area.

Croydon Council
Since 2008, Newable Business Loans has been working with Croydon Council to provide loan finance to local businesses and aspiring entrepreneurs via the Croydon Enterprise Loan Fund. The fund has delivered huge local economic benefits; more than £2.8m has been lent to 280 Croydon-based businesses to either expand or start new businesses, creating and protecting hundreds of local jobs.

Newable manages several major outsourcing contracts for the Department, most notably the Export Support Delivery Services for Greater London & the South East of England providing technical and financial support to businesses looking to grow sales in overseas markets. Newable have delivered these services for over 9 years, winning repeat business through three consecutive contract re-tendering procedures based on our impressive track record for delivery and value for money.

Playing an active role on the LEP’s Enterprise Committee and other strategic work streams our team has forged strong joint working at strategic and operational levels. We will soon be launching a European funded programme focused on the emerging 5G technologies capability to maximise the trade and investment opportunities in the LEP area.

European Investment Fund (EIF)
In 2014, Newable Business Loans and Lloyds Bank launched the innovative £5m London Loan Fund supported by the European Investment Fund (EIF). Our clients benefit from a guarantee issued under the European Progress Microfinance Facility established by the European Union. By October 2016, the fund had lent £2.6m to 149 micro businesses in London providing them with another way to raise finance.

London Loan Fund

EU commission
Newable manage and deliver EU funded projects to the value of £8.3million. We work closely with the EU commission and UK Government and have been successful in applying innovative and effective programmes of support to SMEs surpassing all key performance measures and compliance.

All our business facing staff in the International Trade Teams are members of the IoE and we work closely with them in ensuring our training and personal development processes are maintained at the highest level to ensure our services and support for clients is up to date and relevant to SMEs.

Start Up Loans
Newable and the Start Up Loans company work in collaboration with the Department for Work and Pensions to provide access to finance for those eligible customers who have completed the New Enterprise Allowance scheme.

JP Morgan
Newable, supported by a grant from the JP Morgan Chase Foundation, has developed ‘Get Ready to Supply’, a project to help London Small and Medium Enterprises (SMEs) to strengthen business capacity and access new supply-chain opportunities.

Merton Council
Newable Business Loans in partner-logoship with Merton Council has established the £600,000 Merton Business Loan Fund. The fund was set up as a response to the difficulties experienced by small businesses due to the restrictions on bank lending. It is an alternative channel of finance to viable local businesses who have been rejected by banks and other commercial lenders.

Newable is working with the senior team at OxLEP to launch a local initiative to internationalise SMEs using EU funded programmes. This will enhance current export support in the area by providing specific events and activities aimed at the LEPs priority business sectors.

Responsible Finance
Newable Business Loans is a leading Responsible Finance Provider and an active member of the Responsible Finance Association.

Solent LEP
We have run an extensive programme of events in the Solent LEP area aimed at building capacity in SMEs looking to build business in overseas markets. We have focused on the marine sector and the significant composites industry in the Solent area and aim to build on this success by utilising EU funding project launching in 2016.

Newable works closely with SELEP teams in Kent County Council & East Sussex County Council to provide localised trade support and EU project delivery. We are active members of working groups and committees ensuring our services meet local demand and strategic priorities

Start Up Loans
Newable are part of a network of official Start Up Loans delivery partner-logos across the UK who administer the Start up Loans programme. The Start Up Loans Company is a UK-wide, government backed scheme, which offers a repayable loan to individuals over the age of 18 who have a viable business idea but no access to finance. The scheme funds businesses in many sectors. As well as financial backing all loan recipients are given access to a mentor, free training events and exclusive business offers.

Wandsworth Council
Wandsworth Council has provided a £400,000 investment matched by the same from Newable Business Loans to establish the £800,000 Wandsworth Business Loan Fund. The fund aims to support the growth ambitions of local SME businesses and deliver a boost to the local economy. To date, the fund has helped a diverse range of businesses including a physiotherapy and sports injury clinic, children’s’ entertainers, a retailer of men’s luxury swimwear and an IT support services company.