The FSE Group is pleased to announce the appointment of Simon Elliott as Investment Manager joining its team in the East of England region.
Simon has enjoyed 17 years with Barclays in East Anglia where he has served the business community for most of his career. During that time, he has built an extensive network of contacts across the area and gained wide-ranging expertise in commercial lending.
In his role at FSE, Simon will help the existing team in deploying growth and trade finance to SMEs via the East of England Regional Growth Loan Scheme and the East of England Regional Trade and Contract Finance Loan Scheme. Both schemes can offer eligible businesses funding between £50,000 and £500,000.
Simon said: “To date I have demonstrated a strong commitment to the local economy, a good understanding of doing business in this geographic area and have helped develop an excellent eco-system in the central Norwich area. I am now looking forward to taking on a new challenge where I can utilise my knowledge and collaborative approach to extend this eco-system across the greater East of England region, identifying and supporting the area’s ambitious businesses to reach their full potential.”
Allen Hall, Head of Funds, East, at The FSE Group added: “We are excited to welcome Simon to FSE and our team delivering growth funding in the East. He brings a wealth of finance experience and personal attributes that will place him in a great position to hit the ground running. Enabling the growth of the region’s SMEs to support job creation and economic growth has been at our core since our Ipswich office opened in 2009; we are delighted that Simon is now on board and helping to continue this.”
A £6.5million initiative established in 2009, the East of England Regional Loan Scheme is an evergreen fund generating continuous economic impact with the initial funds recycled to provide funding totalling over £21million to the region’s SMEs. Managed by FSE on behalf of the region’s LEPs, the scheme can provide loans for growth as well as to service short to medium-term trade and contract finance requirements.