SWIG reports ‘record impact lending’


SWIG Finance has published its annual Impact Report.

John Peters

According to the findings, it was “another record-breaking year of impact lending”.

SWIG says it provided more than £14 million in funding to SMEs across the south west, which, it says, represents over £44 million of impact value.

This lending helped create and safeguard 1,482 jobs within established small businesses, and a further 414 new start-ups were created.

MD, John Peters, said: “I’m proud that we have supported so many remarkable entrepreneurs and small business owners. These resilient, determined, and creative people are building enterprises that are not just surviving but often thriving – and making a positive difference to their local communities, even in these difficult times.”