Online retail specialist secures £150,000 NPIF investment

By FW Capital

22 Mar 2022

chosen-for-pr-tyme-online-2095-3.jpg

Lancashire online retail specialist TymeOnline has secured a £150,000 investment through NPIF - FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).

The company, based in the Blackburn Rovers Business Centre at Ewood Park, offers a complete outsourced managed solution for businesses, products and brands to trade in online marketplaces. Their services include helping to drive web traffic and building platforms for retailers to trade from. Clients include household names such as TJ Hughes, The Hut Group, Homebase , HMV, Zavvi and numerous other retailers.

The loan from NPIF - FW Capital will be used to almost double TymeOnline’s team from 8 to 14 before the end of the year, support its expansion across the UK and Europe, and grow in the face of increased demand for its services.

TymeOnline was set up by director Ian Moore who initially started out as a trader on eBay to pay his way through college. After becoming a successful online retailer he decided to use his skills to help others trade online and eventually set up TymeOnline with two other shareholders - Ivan Durkin and Tim Doble.

Ian Moore, co-founder and managing director of TymeOnline, said: “Many businesses have had to switch to online retailing, particularly recently because of Covid, however many don’t have the time, resource or knowledge of how to trade online successfully. Using our expertise and partnerships with eBay, Amazon and other online marketplaces, we analyse sectors to optimise data feeds and ensure that businesses make the most of every sales opportunity.

“We’ve seen a huge upsurge in demand for our services however we needed to invest to grow our business so that we can service additional accounts. Initially we approached our bank for funding however they were unwilling to invest. We were introduced to FW Capital and NPIF who understood straight away what we were trying to achieve and after a quick and clear process agreed to invest. 

FW Capital senior investment executive Andy Traynor said: “Lockdown has changed the way people shop and if retailers don’t offer an online presence they may struggle. TymeOnline has a strong customer base and has forged close partnerships with leading online retail platforms. The team has been extremely successful so far and we believe this investment will significantly increase their sales in the future.”

Debbie Francis, chair of the Lancashire Enterprise Partnership, said: “It’s fantastic to see continued investment into the Lancashire region from the Northern Powerhouse Investment Fund, which helps ambitious businesses like TymeOnline to meet their exciting growth plans.  

“TymeOnline is yet another entrepreneurial Lancashire success story. The team recognised an opportunity through the Pandemic to support other businesses to realise their full potential and meet customer demand for online retail services. I’m delighted to see the business receive this funding and wish them every success in their planned expansion.”

Sue Barnard at British Business Bank, said: “Since its launch in 2017, NPIF’s impact has been wide-ranging, providing funding to launch new products, employ new staff, enter new markets and more. We are pleased to continue that momentum with this investment and are proud to continue our commitment to unlocking the North’s growth potential by supporting business communities with vital investment.”

FW Capital provides loans of £100,000 to £750,000 to businesses based in the NPIF region with a focus on the North West, Cumbria and Tees Valley.  

The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

Latest news

1

University recognises adidas curator Gary Aspden

University recognises adidas curator

11 Jul 2025

2

Investment drives growth plan at CoolKit Coolkit Vans

Investment drives growth plan at CoolKit

11 Jul 2025

3

Story Homes submits plans for 140 new homes in Longton Story Homes plans

Story Homes submits plans for 140 new homes in Longton

11 Jul 2025

4

University of Lancashire climbs 14 places in student positivity survey Happy students at ULAN

University of Lancashire climbs 14 places in student positivity survey

10 Jul 2025

5

Forbes Solicitors achieves strong growth and promotes 15 Forbes Solicitors promotions

Forbes Solicitors achieves strong growth and promotes 15

10 Jul 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV123 July/August Launch Event
Lancashire Business View magazine launch
Networking
16 Jul 2025

LBV123 July/August Launch Event

Burnley College University Courses Building, Burnley, BB12 0AN

08:30 - 10:30

Lancashire Built Environment Conference 2025
BEC 315 X 315 Px
Networking
25 Sep 2025

Lancashire Built Environment Conference 2025

Blackpool Football Club, Blackpool, FY1 6HX

08:30 - 13:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Shaping Preston's future by remembering its past
1750160034867.png.png
LBV Hub Networking
16 Jul 2025 - 16 Jul 2025

Shaping Preston's future by remembering its past

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 20:30

Chamber Summer BBQ
LBV Hub Social
17 Jul 2025 - 17 Jul 2025

Chamber Summer BBQ

The Borough, Dalton Square, Lancaster, LA1 1PP

17:30 - 20:00

Preston Tech Connection: Web3 is Dead. Or is It?
July Longer Banner.jpg.jpg
LBV Hub Networking
29 Jul 2025 - 29 Jul 2025

Preston Tech Connection: Web3 is Dead. Or is It?

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Preston Freelancer Meet-Up: July
Longer July Banner.jpg.jpg
LBV Hub Networking
31 Jul 2025 - 31 Jul 2025

Preston Freelancer Meet-Up: July

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

North West Business Expo 2025
https---cdn.evbuc.com-images-880456273-4862066883-1-original.20241022-105445.jpeg.jpg
LBV Hub Exhibitions
24 Oct 2025 - 24 Oct 2025

North West Business Expo 2025

Bolton Stadium Hotel, Bolton, BL6 6SF

09:00 - 15:00

Lancashire Business Day 2025
241122lbvlancashiredaylhp0647web
Networking
27 Nov 2025

Lancashire Business Day 2025

Burnley FC , Burnley, BB10 4BX

12:00 - 17:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV122 Online Graphic
Subscribe now

Weekly news bulletin