Skipton Business Finance has today relocated their premises from Baskerville House in Centenary Square to St. Paul’s Square in a move resulting from the UK’s leading invoice financier expanding its Birmingham team.
The company, who recently announced a rise in corporate finance transactions, such as management buy-outs (MBOs), management buy-ins (MBIs) and acquisitions, as well as a rise in lending to businesses who were otherwise turned away from their bank, has seen continued year-on-year growth that has seen them expand rapidly in the region.
Speaking from their new offices, Robin Peers, Director, commented: “We are extremely happy to move into St. Paul’s Square due to expansion and to announce that Skipton Business Finance has money to lend and we fully intend to lend it to businesses within the region.”
Mr Peers concluded: “We have an extremely successful track record of helping local businesses raise finance and we remain committed to building our footprint further in this region.”
Mr Peers also said that his business share their parent company’s mutual ethos that spans over 150 years.
“Skipton Business Finance is unique in that it shares its parent’s ethos in helping owner-managers create wealth and employment in Birmingham, by actively promoting lending in what remains a challenging market.”
The new office will house both sales and operational functions.
“Similar to our set-up in Skipton, Leeds and Manchester, we will centralise local sales, operations and underwriting functions under one roof enabling even closer relationships with businesses in the region.”
Mr Peers concluded: “Skipton Business Finance continues to be a UK-leading financier in the invoice finance market and is keen to maintain its position in Birmingham as a major, client-focussed organisation.”
“SBF will continue to grow and develop its client-oriented business model whilst continuing to create jobs in Birmingham and lend to Birmingham-based businesses.”
A subsidiary of Skipton Building Society, SBF is a leading independent invoice factoring and invoice discounting provider, offering a range of working capital solutions for businesses with annual sales ranging from new-start to £30m.
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