The Liverpool City Region Finance Hub (LCR Finance Hub) has announced it has achieved unprecedented growth in the past financial year, successfully facilitating 33 funding deals worth a combined £4.77 million. The hub handled a record 626 business enquiries.
This milestone year pushes the LCR Finance Hubs total impact since being established in 2017 to over 4,500 business enquiries and more than £26.5 million in funding secured across 315 successful deals.
“These figures represent real businesses across Liverpool City Region that have been able to start, grow, and thrive thanks to securing the right financial support,” said George Wright LCR Finance Hub Manager Lead. “Each enquiry represents a business with ambition, and we’re proud to have helped connect so many of them with appropriate funding solutions.”
The LCR Finance Hub, which specialises in assisting businesses to become investment ready and matching them with suitable funding options, has seen consistent year on year growth in both enquiries and successful funding facilitation.
The organisation works with businesses at all stages, from startups seeking early stage funding to established companies looking for growth capital or specialised financing solutions and its expertise spans grant funding, debt finance, equity investment, and alternative funding sources.
“As our economic landscape evolves, accessing the right financial support continues to be a key focus for ambitious businesses ready to grow,” added Lynsey Barnes, LCR Finance Hub Investment Manager. “Our commitment to simplifying the funding ecosystem and preparing businesses to effectively engage with investors has created more opportunities than ever for sustainable growth and success.
MSIF Chair Neil Asbridge commented on the performance saying:
“MSIF continue to regard the LCR Finance Hub as a crucial part of the region’s financial ecosystem. Given another successful year assisting businesses in the region secure the right financial assistance, MSIF remain committed to supporting the Hub and plans to increase its investment in the next 12 months.”
Councillor Mike Wharton, Liverpool City Region Combined Authority Deputy Mayor and Cabinet Member for Business, Investment and Trade added:
“This is great news from the Finance Hub. It’s vital that every business in the city region has access to financial guidance and support to help them grow and create jobs. Handling over 600 enquiries and facilitating the drawdown of more than £4.77 million in funding this financial year is a testament to the dedication and expertise of the Finance Hub team.
“Our business support service, Growth Platform, works closely with the Finance Hub to ensure businesses across the Liverpool City Region can access the right financial support at the right time. Together, they are playing a crucial role in strengthening our local economy by empowering businesses to scale, innovate, and succeed.”