Key information:

Time commitment: 5 Board meetings per year + subsidiary/committee meetings.
Location: Flexible.
Remuneration: £8,000 per year + reasonable expenses.
Closing date: 15th February 2025.

For over 30 years, the South West Investment Group (SWIG) has been a leading provider of loan finance (up to £250,000) to micro and small businesses across the South West. Recognising the significant funding gap for SMEs, the organisation offers financial support often unavailable from traditional sources. SWIG utilises its own funds while also managing external funds through partnerships, for example with the Start-Up Loans Company and the British Business Bank.

SWIG is a not-for-profit organisation, with any surplus invested back into the business. They’re dedicated to producing a positive economic, social, and environmental impact while maintaining financial sustainability. With offices in Truro and Bristol, and Development Managers spread throughout the region, SWIG supports local SMEs with the right kind of finance, helping the regional economy grow and thrive.

In recent years, SWIG has diversified sources of lending capital, resulting in a period of sustained growth. The organisation aims to increase their capacity, helping more micro and small businesses with their financial needs. To help realise this objective, they’re seeking two Non-Executive Directors (NEDs) to join their Board.

The Board ensures that SWIG is governed effectively, overseeing strategy and operational plans while monitoring financial performance and growth metrics. Non-Executive Directors play a key role in organisational development, ensuring the Group’s culture is aligned to its values and objectives. Furthermore, NEDs are responsible for promoting the organisation and building strong, collaborative relationships with external stakeholders.

The successful candidates will be skilled in business transformation and development, with firsthand experience in SME ownership and management. They will be knowledgeable about marketing, growth, and digital innovation, with connections to financial broker networks. One of the NEDs will join the main operational subsidiary, SWIG Finance. They will possess an understanding of business lending, fund management, and regulatory compliance. The other NED will be adept at organisational governance, with extensive Board experience. Ideally, this individual would aspire to step into the Chair role, which is set to become available in early 2026. Both Non-Executive Directors will be passionate about supporting the vibrant micro/SME sector in the South West.

These positions offer the successful candidates the opportunity to play a leading role in an ambitious, impact-orientated and growing financial organisation.

For further details and to apply, please contact Vanessa Moon or Simon Quinn via recruit@moonexecsearch.com quoting the applicable reference number: MC2560