Lisburn companies show ‘great potential’

Representatives from the Growth Loan Fund today announced that there was ‘great economic potential’ in Lisburn companies.

Finance for the £50m Growth Loan Fund – which provides mezzanine finance to established Northern Ireland SMEs seeking to access growth finance – has been provided by Invest Northern Ireland and private investor, Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC).

Members of the local business and advisory community were invited to a business briefing at the Premier Inn Hotel to learn more about the work of the Growth Loan Fund and to understand how Lisburn firms can access the growth finance on offer.

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Those present at the event heard from Paul Millar, Chief Investment Officer of WhiteRock Capital Partners, the manager of the Growth Loan Fund, as he outlined the options for companies that are seeking to access alternative forms of finance to take their businesses to the next level.

“I’ve had the opportunity to meet with many of the great local businesses from Lisburn and the surrounding areas. It’s filled me with confidence that we can generate a sustainable economic recovery. The Growth Loan Fund is another tool to help firms generate jobs and growth and we want to communicate that clearly across Northern Ireland.

“Speaking to local MLAs, I understand that there is a real appetite among the business community to grow and develop – we’re keen to support that.

“Finance from the Growth Loan Fund is complementary to existing forms of f