£10m invested in UK SMEs by First Enterprise in just half a year
First Enterprise, a leading Community Development Finance Institution (CDFI), proudly announces a record-breaking achievement: £10 million invested in Business Loans (£25k–£250k) in just the first half of the financial year 2025/26.
This milestone marks a significant increase compared to the previous year and highlights the organisation’s commitment to supporting small businesses and driving economic growth across the UK.
Key Highlights: – Total lending: £16.5 million so far from April to November, including £10 million in Business Loans – Businesses funded: 544 businesses (461 start-ups and 83 established businesses) – Support for diverse entrepreneurs: 35% female-led businesses, 33% ethnic minority-led businesses
This achievement reflects First Enterprise’s rapid growth, expertise, and the strength of our trusted partnerships. With funding from key schemes such as the Start Up Loans, Midlands Engine Investment Fund II and Community ENABLE Fund by British Business Bank, we’ve expanded our lending capacity and capability.
Our flexible, relationship-led finance has supported hundreds of businesses across the UK, especially those underserved by traditional lenders. Our responsible approach is designed to unlock jobs, drive innovation, and create long-term economic impact, all while demonstrating strong governance and robust credit processes.
Executive Director, Daniel Carrico, commented: “Passing the £10m lending mark in just over six months is a fantastic achievement and a real sign of the trust UK entrepreneurs place in us. We’ve supported hundreds of businesses with flexible, relationship-driven finance that helps create jobs, encourages innovation, and makes a lasting difference. It shows that our approach to inclusive lending can grow at scale and still deliver genuine impact for local communities and the wider economy.”
Deputy Director, Danielle Davis, added: “Our growth is driven by the strong relationships we build with our clients and partners. By working together and supporting our team, we consistently deliver impactful solutions that help small businesses thrive and create lasting opportunities within their communities. We’re proud to be part of their journey and to help unlock their potential.”
Looking ahead, First Enterprise remains committed to expanding its support for small businesses across the UK, helping them unlock their full potential. With a strong focus on inclusive lending, the organisation is poised to continue driving positive change and creating opportunities for underserved communities.