Home > About > Quick Guide to SYIF Finance

SYIF Quick Reference Guide

South Yorkshire Investment Fund offered a series of seedcorn, loan and equity linked investments ranging between £15,000 and £2.5 million, specifically to help small and medium businesses (SME's*) meet the gaps in funding they need for development or acquisitions, where conventional sources of finance may not be sufficient or appropriate.

The Fund backed suitable businesses through critical stages of growth from start-up through to major expansion, management buy-outs, management buy-ins and turnarounds.

An integral part of the way the Fund helped businesses was through Money with Management, which provided mentoring support to help management teams grow their businesses. We helped by introducing mentors or non executive directors from our Mentorbank database who gave invaluable help and advice.

We could help if you were

  • an SME* paying business rates in South Yorkshire or relocating to South Yorkshire
  • a new start or growing business
  • a business with growth potential

Types of deals

  • Capital expenditure
  • Working capital
  • Start ups
  • MBOs and MBIs
  • Acquisitions
  • Expansions
  • Turnarounds

Finance Yorkshire has now taken on responsibility for providing gap finance in Yorkshire and the Humber.

http://www.finance-yorkshire.com

A simple application process

What information do we need?

  • Completed application form...
  • Business plan
  • If an existing business, last 3 years accounts
  • If an existing business, up to date management accounts
  • Current order book
  • 3 year forecasts - P&L, B/S, and CFF
  • Need advice or help? Contact SYIF

Seedcorn Finance £50k to £500k

Business Loans £15k to £150k

Equity Linked Investments £100k to £2.5m

If you have any questions or wish to talk to someone about making an application for finance phone 0845 649 0000 or email info@finance-yorkshire.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.