To cater for the expanding requirement and market for short-term loans, we are proud to announce the opening of a new LDF office in Manchester, our 5th UK location.
The new office will focus on Corporation Tax and VAT funding into the small and medium sized business sectors. Fifteen account managers have already started at the York Street office, with a further five joining before Easter.
Last year, we funded £380 million to small businesses in the UK with an average loan size of £33,000. In January this year alone, we have sourced £53 million for businesses, with increasing demand coming from the small business sector for working capital products.
LDF Group Sales Director Andy Davies and Head of HR Stuart Applewhite
opening the new Manchester office.
“We are delighted to be opening an office in Manchester,” says Marc Hughes, Head of Sales Manchester. “It’s an incredibly vibrant, dynamic and entrepreneurial city that attracts investment from around the globe and the performance of Manchester’s smaller and medium sized businesses is key to its continued success. Being in Manchester also gives access to a new talented workforce, with the calibre of staff who have joined our new venture being exceptional.
“Our track record in providing quick, competitive business loans across sectors from construction, through wholesale and retail, to professional services has been recognised with the Feefo Gold Service accolade, in the 2017 Trusted Service Awards. We know that small businesses often struggle to get finance from traditional banks, and can get bogged down in jargon, so we aim to make the process of funding business growth as easy as possible.”
Joining Marc at our Manchester city centre office at Colwyn Chambers is Sinead Higgin who has been appointed as Sales Manager.