StockMarketWire.com - Braveheart Investment Group says 50 loans totalling more than £12m have been approved by the Northern Ireland Growth Loan Fund.

WhiteRock Capital Partners LLP was formed to manage the GLF having been established in 2012 by Braveheart, Clarendon Fund Managers and NEL Fund Managers.

Braveheart said that during the second quarter of the current financial year loans have included £1,000,000 to Budget Energy, a low-cost energy provider, £300,000 to Copas Technologies, a precision engineering company supplying components to the aerospace industry, and a significant investment in Lowden Guitars, manufacturers of hand-crafted acoustic guitars.

WCP recently completed a series of six regional roadshows meeting with over 100 accountants, lawyers, bankers and Members of the Northern Ireland Legislative Assembly to provide an update on the fund's performance to date and to brief advisers on its SME loan product.




At 9:49am: [LON:BRH] Braveheart Investment Group PLC share price was +0.5p at 16p



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