Operating for more than 25 years, SWIG Finance is a not-for-profit organisation delivering loan finance to small and medium sized enterprises in the South West region which cannot access sufficient funding from the banks.
We can work alongside the banks and other funders to ensure our clients have the finance they need for the success of their business.
With finance sourced from both the public sector, via local authorities, European funds, central government and the private sector, we invest loan finance from our offices in Truro and Bristol into South West businesses which are either just starting up or seeking to grow and need funds to get things moving.
SWIG Finance is responsible finance provider, meaning we are a charter member of Responsible Finance and part of a network of 60 similar not-for-profit organisations throughout the UK which provide access to fair and affordable finance to local businesses and individuals. In the last 10 years, the sector has invested £1.6bn of loans supporting over 50,000 businesses and social enterprises and helping to create over 100,000 jobs.
You can download and read the Responsible Finance Code of Practice here.
SWIG Finance is the trading name of South West Investment Group Services Ltd. South West Investment Group Services Ltd, Registered in England No. 02688108
South West Investment Group – History
SWIG Finance is the trading name of South West Investment Group Services Ltd, a subsidiary of South West Investment Group Ltd, established by Cornwall County Council in 1989 to raise and provide gap finance for local businesses for the purposes of economic development.
The company is now a charter member of the Community Development Finance Association (CDFA) and the lead CDFI in the entire South West region, an area comprising Bristol, Cornwall and the Isles of Scilly, Devon, Dorset, Gloucestershire, Somerset, Wiltshire, Hampshire and the Isle of Wight.
Since 1996, SWIG has delivered £14.5m in loan finance to over 1,250 SMEs and business start-ups throughout the region.
Bristol Enterprise Development Fund became part of the SWIG Group in early 2013.
SWIG Capital is the fund holding arm of the organisation, more information is available here.
More information about the Group is available here