Cornwall-based networking organisation, Your Partnerships, has received a £31k boost via SWIG Finance to support business growth.
The funding, backed by the British Business Bank’s Recovery Loan Scheme (RLS), will be invested in new technology and three new jobs.
Your Partnerships is a well-known networking and events organisation with a body of memberships spanning the South West and beyond. It is led by David Brock (known as Brock), who has 25 years of experience in Executive Management for the RAF, as well as further roles in community development and training.
The business is expanding rapidly, and the funding will help it to invest in a new CRM system that will revolutionise its communications processes.
Of the funding, Brock said “The loan has allowed us to not only grow the current business model but to also venture into new areas that Your Partnerships would not be able to start for many months or years later. As Your Partnerships is a B2B platform helping businesses to connect and grow, SWIG has, in turn, helped thousands of businesses with this one loan.”
SWIG’s business manager, Rachael Taylor, supported the application. She commented “Your Partnerships exists to connect businesses through affordable networking events. David started the business in 2018 and has worked relentlessly to transform it into the well-known organisation that it is today. It’s a great business for SWIG to support.”
About SWIG Finance
SWIG Finance is a non-profit company that supports viable South West businesses that can’t secure sufficient funding from their bank. By empowering SMEs to overcome their financial barriers, we are working to create a more balanced financial ecosystem.
We’re growing every year. In 2021/22, we lent £10.8m to 502 businesses, helping to create and secure over 1,000 jobs and generate £32.3m. For more information visit https://www.swigfinance.co.uk/social-impact-report-2022/
If you’d like an informal chat about your funding requirements, get in touch with our friendly and professional team to see how we can help: firstname.lastname@example.org / 01872 227 930.
Legal Notice: The Recovery Loan Scheme is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit http://www.british-business-bank.co.uk/recovery-loan-scheme