We use cookies to ensure that we give you the best experience on our website.
20
Mar
£2M NEA Loans Help Sisters To Do It For Themselves

Two sisters from Warrington are the latest recipients of a National Enterprise Allowance (NEA) loan, bringing the total funding to 1000 applications from the NEA loan programme to just over £2m in the North West.

The NEA Loans support people who have previously been unemployed to set up their own businesses and are delivered in the North West by Business Finance Solutions (BFS) and the Start Up Loans Company.

Sisters Kim Osborn and Nicola Faizy used their NEA loan from BFS to launch Bella Chic Furniture http://bellachicfurniture.co.uk in Warrington, specialising in bringing old and unwanted furniture back to life. The loan helped to launch their ecommerce website and to build and fit out the shop to a very high spec. They plan to grow their business online and by offering their services to local businesses such as restaurants, hotels and retailers.

Kim and Nicola now operate their business from a beautifully designed store in Latchford, Warrington and via their website selling refurbished hand-painted furniture, chalk finish paint, home accessories and gifts.   The sisters, who both live in Warrington, are passionate about interiors and about giving customers the opportunity to create a unique vintage look to suit their home. They sell furniture that they have restored themselves,  but also offer a full restoration service for clients’ individual pieces or even paint entire kitchens and fitted bedrooms to bespoke designs.

Kim says: “the inspiration for our new business really came with the realization that people were getting rid of solid, beautiful pieces in favour of cheap, flat packed modern furniture just because they didn’t like the finish or the wood colour.  By bringing old furniture back to life with beautiful paints, finishes and accessories we are determined to inspire people to see the beauty and unique style of their vintage pieces.

“As sisters, we had dreamed of combining our creative talents and working together for a long time.  Securing the NEA Loan from BFS enabled us to open the doors to our shop and to launch the website, which has been crucial for our marketing and promotion. We are also really passionate about supporting other local crafts people in the North West, giving them a platform to promote their businesses with us and being a part of a rapidly growing business.”

Paul Breen, Director of Business Finance Solutions said: “Reaching £2m lending for the NEA loans is an incredible milestone and has helped hundreds of people to escape unemployment and set up their own businesses.

“Kim and Nicola have done just that and are using their passion for homes and retail to build a successful company and run it together. Starting your own business takes a lot of hard work and drive so you really do have to love what you do to make it work.

“We worked with Bella Chic Furniture to provide their start up funding and to help them in the early stages of their business development and now their ever growing number of satisfied customers is testament to the success of their quality, bespoke and affordable service.”

The NEA Loans support people who have previously been unemployed to set up their own businesses and are delivered in the North West by Business Finance Solutions (BFS) and the Start Up Loans Company.

Email info@start-up-now.co.ukor call 0161 245 4827 to learn more about NEA Loans.