• Swindon & Wiltshire Appointments
• Tuesday October 17 2023
• Author Name: Peter Davison

FW Capital adds new starter to the Bristol team

Regional fund manager FW Capital, which opened offices in Bristol in the summer, has welcomed Jordan Berg to the team located at Broad Quay.

Jordan Berg joins as an investment executive and will work alongside David Goodall to deliver finance to SME businesses in the South West through the British Business Bank’s new £200 million South West Investment Fund.

Since the fund launched in July FW Capital has received in excess of 70 enquiries with funding requests ranging from £100,000 to £2 million across a variety of sectors including technology, quantum physics, recruitment, accommodation, and training.

FW Capital is managing the South West Investment Fund debt finance for the north of the region, providing commercial loans of £100,000 to £2 million to businesses in Bristol, Gloucestershire, North and North East Somerset and Wiltshire.

The South West Investment Fund was recently launched by the British Business Bank and is aimed at fostering growth and prosperity for new and growing businesses across the South West.

Jordan is an experienced financial professional and joins FW Capital from his previous role as business manager at SWIG Finance where he provided finance to viable SMEs and start-ups across Bristol, Gloucestershire, Somerset & Wiltshire. Jordan has also worked at Barclays for eight years in business banking in relationship management and business development roles.

“I’m joining FW Capital at an exciting time following the recent launch of the South West Investment Fund,” said Jordan.

“I’m looking forward to making a real impact and using my experience working with businesses ranging from start-ups all the way through to those more established companies who are looking to invest in further growth and maximise new market opportunities. At the heart of my role is supporting the economy and encouraging job creation.

“I’ll be working with my introducer and professional network across the South West to talk about the funding available and looking proactively for investment opportunities.”

David Goodall, FW Capital fund manager added: “Jordan has fantastic experience in supporting SMEs across the region and we’re delighted to have him onboard. The first month of the South West Investment Fund has gone well with us receiving enquiries from a diverse range of businesses.

“There are lots of positive conversations happening across the region with our extensive network and we’re keen to support businesses that may not be able to obtain finance through traditional mainstream channels. The expansion of the team in Bristol highlights our commitment to delivering SWIF and supporting the growth of the South West economy.”

The South West Investment Fund covers the entire South West region and provides loans from £25,000 to £2 million and equity investment up to £5 million to help a range of small and medium sized businesses to start up, scale up or stay ahead. Four separate fund managers have been appointed to manage the fund across the region.

The purpose of the South West Investment Fund is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the South West.

The South West Investment Fund will increase the supply and diversity of early-stage finance for smaller businesses in the South West, helping to break down barriers in access to finance.

Pictured: Jordan Berg and David Goodall at FW Capital