Commercial News

Secure Trust Bank Commercial expands northern SME support

Rozi Jones -
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12th October 2018
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"The next step for us was to establish an office that will allow us to maintain close contact with businesses in the region and provide a base so we can bolster our sales team. "

Secure Trust Bank Commercial Finance has opened a new Leeds office, as it looks to provide additional funding support to SMEs in Yorkshire.

The office will be headed up by regional director John Gribbon, who will be joined by Victoria Conway, portfolio and structuring director, and Paul Goodchild, who has recently joined the business as regional sales director for Yorkshire.

The firm has already completed its first deal out of its Yorkshire office, having provided a £5m asset based lending facility to a supplier of high quality work surfaces for domestic and commercial properties.

Secure Trust Bank Commercial Finance has advanced £70m worth of loans in the Yorkshire and North East region in the last year.

John Gribbon said: “We have completed some excellent deals in Yorkshire recently, and we’ve seen a surge in enquiries on the back of this. Naturally, the next step for us was to establish an office that will allow us to maintain close contact with businesses in the region and provide a base so we can bolster our sales team. Paul has recently joined us, and we expect to increase headcount further later in the year.

“The firm’s latest results show just how rapidly the Commercial Finance arm of Secure Trust Bank is expanding. Our commitment to understanding our clients’ challenges and the pressures they face, combined with the ability to construct flexible facilities, has earned us a strong reputation and has been pivotal to our excellent performance. With established offices in the North West, Midlands and now Yorkshire, we are now in a strong position for even further expansion.”

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