Warrington and Co

28

Jan, 2021

Thursday

  • Home
  • About Us
  • Why Warrington
    • Economy
    • Location
    • Quality of Life
    • Industry Sectors
    • Case Studies
    • Work Force and Education
  • Employment Development
    • New Leaf
    • BeInspired
    • BeInspired – School and Employer Links
    • #Lifegoals
  • Business Exchange
  • Key Sites
  • Info Centre
    • Business Location Service
    • Business Events & Networking
    • Downloads & Publications
    • Latest News
    • Business Support
    • Property News
    • Useful Links

You are here:

  • Home
  • Business Support
  • Specialist SME alternative finance provider in £3.5m boost

Specialist SME alternative finance provider in £3.5m boost

13 December, 2018

By: Angela Hankey

category: Business Support

0

Creative Capital, a Runcorn-based provider of short-term funding to SMEs, has agreed a new multimillion-pound deal with Conister Bank.

The £3.5m facility will enable the alternative finance lender to meet demand from small businesses looking to fund growth opportunities on a transaction-by-transaction basis.

It provides rapid access to selective invoice finance, trade finance and stock finance facilities for a diverse range of SMEs including importers, wholesalers, manufacturers and those in construction.

Launched in 2010, the business was established in response to the retrenchment of traditional high street finance providers, which had dramatically reduced lending to SMEs following the financial crisis and subsequent recession.

To date, Creative Capital has provided more than £100 of funding to in excess of 250 businesses looking to exploit new growth opportunities, such as contract wins, large orders, international deals or seasonal spikes.

Max Ward and Paul Billingham, of Warrington-based Knight Debt Advisory, were principal advisors on the deal.

More

Print Friendly, PDF & Email

B

Rating

  • 0comments

Subscribe

Subscribe to comments

recommend to friends

CONTACT US

Call:
01925 442371

Email:
inwardinvestment@warringtonandco.com


Subscribe to our Newsletter
Click Here
Tweets by @WarringtonCo
Warrington and Co
BACK TO TOP
Eurpopean Union - European Structural and Investment Funds Lottery Funded Logo
  • Contact Us
  • Accessibility Statement

© 2012-2013 Business News. All rights reserved.

Close

Enter the site

Login

Password

Remember me

Forgot password?

Login