New general manager appointed by East Midlands-based responsible finance provider

New general manager appointed by East Midlands-based responsible finance provider

BUSINESS support and funding provider, First Enterprise – Enterprise Loans, has appointed a new general manager to assist the company in delivering an unprecedented number of business loans following the COVID-19 pandemic.

The appointment comes after the responsible finance provider hired three new members to its team last month to increase its capacity and assist with the higher number of loan applications and business advice requests it is receiving.

The internal promotion of Adrian Twelvetrees to the post of general manager is the latest change to staffing as the company expands and restructures to ensure it’s best placed to support entrepreneurs and SMEs across the East and South East Midlands during these challenging times for businesses.

Hassan Ahmed, First Enterprise – Enterprise Loans executive chairman, said:

“We've received a significant number of enquiries and business loan applications following the lockdown announcement. This has seen us lend £4.5m to over 180 entrepreneurs and SMEs across the East and South East Midlands since April.

“Adrian’s appointment as general manager is the latest measure we’ve taken to provide new leadership to ensure we can best support businesses during these challenging times. Myself and the rest of the board look forward to supporting him in his new role as we deliver much-needed finance to the local business communities we serve.”

Discussing his new role, Adrian Twelvetrees, general manager at First Enterprise – Enterprise Loans, added:

“I’ve enjoyed my role as senior investment manager at First Enterprise – Enterprise Loans for the last two years but I am delighted to have been appointed to the position of general manager to help steer the business as it continues to support British businesses in these challenging times. Every business has been impacted in some way by the pandemic and I’m looking forward to increasing our support and access to finance to help as many businesses as possible.”

First Enterprise – Enterprise Loans provide government-backed finance to businesses across the East and South East Midlands with lending starting from £3,000 to £250,000. Since 2011, they have lent £35.3m to over 1,780 businesses, helping over new 1,120 start-up companies and 660 business expansions. The responsible finance provider and Community Development Finance Initiative (CDFI) lender has also been assisting businesses with the Coronavirus Business Interruption Scheme (CBILS), which ends on 30 November.

For more information on First Enterprise – Enterprise, Loans visit www.first-enterprise.co.uk or follow @1st_Enterprise on Twitter.


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