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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 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.
Newable partner with Carbon Architecture to provide specialist services to develop and implement sustainable cost savings for energy and water intensive businesses and industries both in the public and private sector. Their team of professional engineers, process & finance specialists have extensive history identifying and implementing successful cost and carbon savings projects in the UK and internationally and to bring organisations up to ISO standard for both Environmental and Energy usage.
Newable partner with Charlesworth Sykes for the provision of discrete business intelligence services for our clients , headhunting and recruitment services and in the provision of consulting capability in the Far East.
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.
ClusterSeven is an integral part of Newable's end to end offering assisting clients understand their end user computing estate, implementing relevant and pragmatic policies and ultimately managing and controlling the applications that are critical to the organisation's decision making.
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 partners. 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 partners in the area.
ComplyAdvantage is Newable's partner for the provision of AML data and transaction monitoring solutions. Utilising the latest technology ComplyAdvantage has automated the identification, verification and monitoring of PEP and Sanctioned persons and has global coverage of adverse media. The key advantage of the technology is the ability to reduce significantly the impact of false positive results.
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 partner with Cybercast as we believe it is in the forefront of assisting our clients educate their staff on the impact of phishing attacks and their prevention. Regular testing and training is essential so that organisations have the best chance of preventing the negative outcome of a successful attack.
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.
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
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.
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.
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.
Newable Business Loans in partnership 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 works with Mitratech in the provision of GRC solutions to reduce the potential risk of regulatory fines and reputational damage by demonstrating compliance and best practice to Regulators, Senior Management and Auditors. Mitratech’s products also automatically capture and store all forms of corporate information into a secure digital repository to meet regulatory and audit obligations, improving customer service levels whilst reducing costs.
Newable partner with New Leaf Advisory in the areas of Cyber Security and Data Management. New Leaf provide the legal expertise to advise on the ramifications of the legislative changes and in recommending necessary revisions to existing protocols to ensure forward compliance in respect to the General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679) which requires organisations to implement wholesale change in the way they process, handle and store data.
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.
Newable Business Loans is a leading Responsible Finance Provider and an active member of the Responsible Finance Association.
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
Newable are part of a network of official Start Up Loans delivery partners 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 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.
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