A new £75m equity investment fund for Northern Ireland has been officially launched today by fund manager Whiterock to address the need for growth funding in the local market. The Growth Capital Fund expects to make investments of between £1m and £5m for minority shareholdings in growth and scaling companies, with capacity for further follow […]
Read moreRecycling solutions company REP-TEC has secured £300,000 in funding to expand its operations and help finance the creation of 15 new jobs. The loan has been provided through Whiterock Finance’s Growth Loan Fund II, as part of Invest Northern Ireland’s Access to Finance suite of funds. Based outside Dungannon, REP-TEC designs and manufactures automated recycling […]
Read moreBelfast-based tech firm, Sensoteq has secured a £500,000 loan to grow its sales and expand its workforce with plans to create 10 new jobs over the next year. The funding has been provided by Whiterock Finance’s Growth Finance Fund. Established in 2016, Sensoteq is a market leading provider of wireless machine health monitoring solutions. Founders […]
Read moreWhiterock Finance has today announced that it has provided £100 Million in funding to 150 SMEs across Northern Ireland over the past 10 years. Since it was established in 2012, Whiterock Finance has provided investment to businesses across three funds, the now fully deployed Growth Loan Fund I, the current Growth Loan Fund II and […]
Read moreIt is no secret that the Northern Ireland funding landscape has been evolving for many years and continues to do so today. In the wake of the last financial crisis, banks’ appetite for risk changed, which left many business customers looking for funding that was no longer as readily available as it had been from […]
Read moreKairos Sports Tech, a local sports software company, has unveiled plans to grow its team to expand further into global markets, ultimately aiming to create a number of new jobs in Belfast, the US, Australia and across Europe. Founded in 2018 by former Ireland and Ulster Rugby player, Andrew Trimble and Belfast based entrepreneur, Gareth […]
Read moreWhiterock Finance has announced today that it provided a record £17m in investment to 23 SMEs from across Northern Ireland during 2021. The loans have been provided through two funds managed by Whiterock Finance, the Growth Loan Fund II and Growth Finance Fund, both of which are part of Invest Northern Ireland’s Access to Finance […]
Read moreClub Sport NI Ltd, a sports kit provider, has secured a £100k loan through Whiterock Finance’s Growth Loan Fund II to expand its business across Ireland. The company provides sports kit and off-field products from global brands for sports clubs throughout Ireland. Its primary market is football clubs at all levels of the game who […]
Read moreFermanagh-based manufacturer RE-KKUR is targeting growth in new markets in 2022 after investing significantly in expanding its product range and upgrading its facilities to enable the recycling of raw polymer materials on site. First established in 2012, the plastic fabrication company has developed the capability to recycle a wide range of waste polymers which are […]
Read moreSince starting my role at Whiterock Finance, I have caught up with many contacts and often as I have gone on to explain what my new role entails, I can sense the unasked question from many… why would a client pay me to find the debt when they could just find it themselves…? Historically banks […]
Read moreAnticipation of the imminent arrival of the Tooth Fairy has created much excitement in our house of late. Having managed to negotiate a £2 coin for the first tooth and £1 coins for each subsequent tooth, I appear to have successfully deflected the suggestion of paper money (for now). Whilst there is every chance the […]
Read morePivotal, a transactional management group head-quartered in Belfast, has secured a £2m funding boost from Whiterock’s Growth Finance Fund. Pivotal (formerly known as RMS Group Services) was established as a cash management business in 2005. The business has since expanded both its geographical presence and service offering across the UK and Ireland providing clients with […]
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