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Specialist SME funder sees further growth with another appointment

North West-based business lender Reparo Finance is further strengthening its team with the appointment of Daniel Jones as business development manager.

Daniel joins from Lloyds where he spent over ten years as a local business manager. With extensive experience in financial services and a focus on commercial lending, he has worked across a variety of sectors, including hotel, retail and leisure.

In his new role, Daniel will be responsible for developing new business for Reparo in the South West and South East as the firm builds its presence across the UK.

Daniel comments: “This is a fantastic opportunity to join a fast-growing, boutique firm that has carved out a niche for itself as a specialist lender, helping SMEs with their funding challenges. In the current difficult conditions, it is going to be more important than ever that businesses are able to turn to lenders who have a flexible, performance-based approach and can act quickly to provide support.

“I am a firm believer in building strong relationships with clients and look forward to working with businesses and brokers across the region to help provide lending solutions.”

Steve Richardson, sales director at Reparo, comments: “With his understanding of the needs of small businesses and his commitment to helping them thrive, Daniel is a perfect fit for Reparo. His skills and passion will make him a welcome addition to the Reparo team as we continue to extend our footprint, providing a much-needed alternative to mainstream lending across the UK.”
Reparo Finance Group provides flexible loans of between £20k and £1m with loan terms of between three months and five years. Focussing solely on the SME market, the firm offers secured and unsecured lending based on rapid assessment of businesses by its expert team of relationship managers.

LAW FIRM BROMLEYS EXPANDS LOCKDOWN SERVICES WITH FREE VIRTUAL SURGERIES

Law firm Bromleys has expanded its range of lockdown services by launching free legal surgeries for clients via Zoom and Skype.

Bromleys has for many years provided free consultations twice weekly at its offices in Ashton-under-Lyne, as part of its Access to Free Legal Advice programme.

Now, in line with current guidelines which mean face-to-facemeetings are not taking place, the firm has begun offering free 15-minute video calls with a member of its team. These are in addition to free phone calls which are also provided as part of the legal surgeries offering.

The virtual legal surgeries are being held from 3.30pm-5.30pm on Mondays and Thursdays, and the use of modern technology means they can be on a one-to-one or group basis.

Clients are attending the virtual surgeries to discuss a range of matters, including employment, divorce and family issues, wills and Lasting Powers of Attorney.

Senior partner Mark Hirst said: “Being accessible, caring and effective is core to our values and we are pleased to be now holding virtual surgeries to help our clients during the lockdown.

“The use of Zoom and Skype means we can continue to offerface-to-face contact with our team, and individual clients can invite relatives, friends and others to the meetings to assist them when required.”

Bromleys has produced a guide to help clients who may be unfamiliar with online conferencing.

Members of the public who want to book a free video or telephone consultation can contact the firm via virtuallegalsurgery@bromleys.co.uk. They are then allocated a day and time slot along with their personal meeting identification details.

The move follows other adaptations at Bromleys to remain fully operational during the coronavirus lockdown. The firm has introduced remote working for all its lawyers and has set up dedicated helplines so they can be contacted by clients.

Since the lockdown, Bromleys has seen a marked increase in instructions for its Wills, Probate and Planning for the Future department.

There has also been a surge in the number of people seeking advice on domestic issues, and company owners looking to restructure their businesses amid the crisis.

CHAMBER LAUNCHES GM BUSINESS COMMUNITY

Greater Manchester Chamber of Commerce is offering all businesses who are not currently Chamber members free access to a new initiative launched in response to the coronavirus outbreak.

The GM Business Community powered by the GM Chamber will allow non-members free access to the network and support of the largest Chamber of Commerce in the UK.

Lucy Mulligan, Head of Member Services and Patron Development at Greater Manchester Chamber of Commerce, said: “In these difficult times it is even more important that we support and listen to our Chamber members, but we also want to reach out to the wider business community across Greater Manchester.

“Businesses are facing a range of daunting issues from falling sales and orders to furloughing staff and switching to working from home. By offering them membership of the GM Business Community we are showing them they are not alone and can get help and support from the Chamber and its members.”

What will you get?

  • Access to an exclusive online group where you can network with, connect with and support other GMBusiness Community participants.
  • An update on the evolving situation, three times a week, with the most up to date and relevant information on support from the government, support from fellow members and access to ongoing news
  • Access to our digital MyGMCR platform – a mobile app where you can connect with and direct message fellow business users – an online networking platform
  • Access to any digital events hosted by the Chamber during this time
  • Online training and free workforce development
  • Access to International Trade Support – including an International Trade Readiness Assessment, one-to-one import/export strategy consultation and a FX consultation with Chamber partner AFEX
  • Complimentary token to access one of our local networking events, free of charge – when we’re back (and we will be back) – we’ll connect you with our wider network and generate new contacts

Don’t forget, this means you’ll also be a part of the wider British Chambers of Commerce network (BCC). BCC is in continuous contact with central government, feeding back our issues and allowing us to be the real voice of business for the region.

What do you need to do? Complete this simple form: https://www.gmchamber.co.uk/covid-19-coronavirus/gm-business-community/

BRABNERS HIRES ANOTHER NEW PARTNER FOLLOWING RAPID GROWTH FOR PENSIONS PRACTICE

Independent law firm Brabners has appointed a new partner to its pensions team as that practice group continues to experience significant revenue growth.

Caroline Curran joins from PwC’s Manchester office where she was a director and head of pensions legal in the North as part of PwC’s 15-strong national pensions legal team. Prior to that she spent nine years in the pensions practice at Eversheds Sutherland.

The appointment comes as Brabners seeks to maintain the strong growth of its pensions practice. The team, headed up by partner Ian Mylrea, increased fee income by 85% over the two-year period ending March 2020.

Nik White, managing partner at Brabners, said: “Caroline is a vastly experienced lawyer and will be crucial to the continued growth of our pensions practice. The team has gone from strength to strength recently, demonstrating the breadth of our offering by referring work into our corporate, commercial, litigation and property practice groups.

“The outbreak of Covid-19 has caused major challenges for many businesses and there is increased demand for a number of our service lines as a result. I have no doubt that Caroline’s expertise in helping businesses and pension trustees manage their pension schemes will be invaluable in the coming months.”

Caroline Curran, partner at Brabners, said: “Brabners’ pensions practice has made great strides in just a few short years and it’s a privilege to be welcomed into a team with such significant potential.

“We’ve seen the challenges of an ageing population and, consequently, expanding pension liabilities come to a head for a number of high-profile firms in recent years. In the face of a new crisis, an effectively managed pensions scheme remains essential for businesses looking to support their people and ensure financial resilience.”

Brabners’ pensions practice launched in 2014. Major brands including Panasonic, Fujifilm and The Very Group are among its list of clients.

BGF’s North of England team to donate £12,500 to Variety, the Children’s Charity

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BGF has announced that it will make donations totalling £100,000 to support local community-based charities across the UK & Ireland following the onset of Coronavirus. Each BGF regional office has nominated a charity that does vital work to support vulnerable people within the communities BGF’s teams live and work in. In the North of England, Variety, the Children’s Charity has received £12,500 from BGF.

Variety exists to improve the lives of disabled children and young people living in poverty. The charity provides practical support such as wheelchair and equipment grants, days out and children’s hospital grants. The charity has been working hard to continue to deliver services to families and adapt to their emerging needs. Covid-19 has created immense challenges for families and the charity itself which faces fundraising income being reduced by 50 per cent this year.

Neil Inskip, head of BGF in the North West, said: “The impact of Coronavirus has been devastating for charities. Many charities now face a huge funding shortfall because the usual calendar of fundraising events have been cancelled. At the same time, the children Variety helps have an enhanced and urgent need for support.

“We recognise that, with the support of our shareholders, BGF is in a fortunate position to be able to do more and significantly extend our charitable donations to assist. We’re really proud to have been given the opportunity as regional teams to nominate the charities we feel make a real impact here.”

Variety covers the Northern regions with teams across Merseyside, Manchester, Leeds, Newcastle and North Wales.

Joel Voysey, Head of Fundraising from Variety added: “We are incredibly grateful for the gift BGF have given to support Variety’s work in the North of England, especially at a time when we are hearing from families that they need us more than ever as the impact of coronavirus restrictions takes its toll on their daily lives. With the money so generously donated by BGF, we will be able to provide funding for families in the north who may have been waiting for several months already to get a wheelchair, assistive technology or other specialist equipment that their child desperately needs. At the moment this funding is even more vital to ensuring those families still have their needs met and aren’t left behind due to the effects of this terrible pandemic. Thank you from all of us at Variety.”

Secure Trust appoints new Portfolio & Structuring Director

Secure Trust Bank Commercial Finance has announced the appointment of Graham Brew as a Portfolio & Structuring Director based in its Manchester office.

Graham will be responsible for supporting existing clients in the North West, as well as driving new deal origination for the firm’s suite of alternative finance products.

Graham joins Secure Trust Bank from Barclays, where he spent 32 years across a variety of roles. Most recently, Graham held the position of large corporate trade and working capital relationship director, where he was responsible for the risk management and operation of working capital facilities across a portfolio of more than 20 corporate clients.

In addition to working across Barclays offices in the North West, Graham spent more than 20 years in a flexible working environment, the benefits of which are currently being reaped as all businesses and employees adapt to ensure high levels and continuity of service for clients.

Secure Trust Bank Commercial Finance provides a full-suite of flexible asset-based lending and invoice finance products, ranging in size from £1m to £50m, to small and medium sized businesses.

Established in Manchester in 2014, the lender now operates sites in Leeds, Birmingham and London to offer a truly national service. In its latest annual results, the firm revealed that its lending balances increased 29.3 per cent to £251.7m in 2019, up from £194.7m in the previous year. Secure Trust Bank is now one of the top 10 independent operators in the asset-based lending market.

Graham Brew, Portfolio & Structuring Director at Secure Trust Bank Commercial Finance, said: “Secure Trust Bank provides a dynamic and fast-moving environment, and a new challenge that I am extremely excited to be taking on. This is an ambitious and rapidly growing business that has built a reputation for thinking outside the box in seeking bespoke solutions to some of the more interesting transactions in the market. I’m looking forward to working closely with the team in the North West and supporting our clients through this challenging time.”

Paul Johnston, regional managing director at Secure Trust Bank Commercial Finance, said: “Graham has gathered an enormous amount of corporate experience during more than 30 years at Barclays, and will be a valuable addition to our team in Manchester. As companies continue to be resilient, Graham will provide much needed financial and business support to help our clients through this uncertain time, and will help us play a key role in delivering growth as markets begin to re-emerge.”

Inc & Co Group acquires innovation agency Skylab

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Manchester-based Inc & Co Group has acquired digital innovation agency Skylab whose clients include some of the biggest names in sport.

Skylab, based in Trafford Park, Manchester, has worked with the likes of Manchester United and Manchester City; Formula 1 teams – Aston Martin Red Bull Racing and Scuderia Toro Rosso – and national governing bodies such as Swim England and the British Paralympic Association and world federations such as FIFA and the IOC.

Skylab was founded in 2005 by BAFTA Award-winner Nigel Collier with Strategy Director David Logan joining shortly after. Both will continue to support Skylab which will sit within Inc & Co Group’s creative collective alongside fellow digital agencies Cuhu and Neon.

The acquisition of Skylab further strengthens Inc & Co’s agency network bringing expertise in digital strategy, websites and web applications, alongside Neon’s offering of Digital Marketing and Cuhu’s focus on mobile app development. It boosts the overall Inc & Co workforce to over 100.

Jack Mason, Group CEO of Inc & Co Group, said: “This is the next step in our ongoing and successful growth plan. Acquiring Skylab strengthens our digital innovation capabilities; offering all members of the agency collective, as well as new and existing clients, a chance to tap into Skylab’s specialist skillsets.

“Our ambition is to be a leader in the digital space and bringing together Skylab with agencies, Cuhu, Neon, and our PR agency Brass, puts us in a strong position to make this happen.

“We are very excited to welcome Skylab to Inc & Co and I’m thrilled to be working with Nigel, David, and their team.”

Nigel Collier added, “Our vision is world-class work, on a world stage. Becoming part of Inc & Co gives our staff and clients the additional resources to achieve that vision. With our shared commitment to delivering excellence and maintaining long-lasting relationships with our clients, I look forward to working alongside Jack and the rest of the Inc & Co team.”

Inc & Co Group is a business collective that has recently acquired several digital agencies including Brass, Neon, and Cuhu, as well as on-demand dry-cleaning and laundry delivery platform, Laundrapp. Inc & Co has also recently acquired Prospect Business Centres, under Inc & Co Property Group; a property development business with serviced offices throughout London and Leeds.

Inc & Co helps integrated agencies and businesses thrive by providing collective resources such as business development, strategy, financial, and HR support across the group.

Mason added: “It’s an exciting time for the Inc & Co brand. We have a strong acquisition strategy for 2020 and are actively encouraging businesses to get in touch to see how Inc & Co can support them.”

MERJE announces record turnover in excess of £10m amid rise in contractor placements

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Leading recruitment firm MERJE has revealed a record annual turnover of £10.06m in 2019 as the business celebrates consistent year-on-year financial growth since it was founded eight years ago.

The result, based on January to December 2019, marks MERJE’s best performance since the business was established in 2011. This represents a 21% increase in turnover from £8.6m in 2018, a figure MERJE matched in 2017 after reaching £7.05m, which equates to an impressive near 50% rise in revenue in just two years.

Across MERJE’s seven core disciplines, which include Risk and Compliance, Finance and Audit, Customer Contact and Procurement, the business enjoyed an impressive 22% increase in contractor placements.

Andrew Varty, Managing Consultant of the Finance and Audit team, said: “We have observed a continuing demand for our contractor services by our clients, who look to quickly and seamlessly draft in niche expertise to provide support with projects and skills gaps.

“While we anticipated major challenges for clients on account of IR35, the delay has enabled continued stability during present circumstances. We predict that COVID-19 and the current climate will result in organisations furthering requiring the specialist services that contractors are able to provide.”

2019 also saw MERJE increase its employee headcount by 10% as the business launched a Finance Practice division with the purpose of strengthening its position within Accountancy practices.

In addition, MERJE appointed a new Head of Business Development at the start of 2020. The aim of Michael Brennan’s appointment is to assist MERJE on its financial trajectory amid strategic plans to expand the company’s national reach.

Michael is responsible for strengthening relationships with existing clients across the whole of the UK, as well as building new business across all disciplines and emerging markets.

The continued development of MERJE’s 12-month-old Procurement and Contact Centre Front-Line Talent recruitment services saw a significant volume of business wins too. MERJE is now looking ahead and exploring the addition of a Legal offering as the business recognises continuous demand in this buoyant sector, which compliments its current service provision.

The business has since been shortlisted for the Recruiter Awards 2020 in the Best Client Service and Best Banking/Financial Services Recruitment Agency categories.

MERJE is also sponsoring a series of illustrious industry events in 2020, subject to current circumstances. They include the Credit Summit, the Credit Awards, ICA London, the AMLP Forum, CCMA (UK) and FinTech North.

Jonathan Abelson, Managing Director and Co-founder of MERJE, said: “It is a fantastic outcome that we were able to achieve such significant financial success in 2019 and even more impressive despite facing difficult market conditions. They include the inherently competitive nature of our industry, a rise in in-house recruitment teams and high demands of clients around certain skill-sets.

“We are proud to have made good strategic progress, rounding off a turbulent year in a positive position. This is an amazing feat and testament to our unrivalled client and candidate services.

“We were able to expand our offering to include a new Finance Practice arm, while seeing the Procurement and Contact Centre Front-Line Talent teams flourish and achieve strong business results.

“We are also delighted to welcome Michael Brennan to MERJE, who has already made a significant impact in this short space of time. We are confident, given his calibre, experience and track-record, that he will add real value while helping us to realise our ambitious growth plans over the coming years.

“The fact that 2019 was such a strong year was down to the considerable determination and hardworking attitude of our specialist consultants. We have always been very particular about hiring people who share our ethos and values in order to sustain the unique culture that has evolved at MERJE over the years. It is their continued dedication, knowledge and work ethic which will help us to navigate through the unprecedented circumstances of 2020 and ensure that we maintain the highest standard of service, alongside our financial track record.”

HEROIC WORK OF NHS STAFF AND CARE WORKERS RECOGNISED BY DEVELOPER FAR EAST CONSORTIUM WITH DEPOSIT CONTRIBUTION ON NEW HOMES AT MEADOWSIDE AND NEW CROSS CENTRAL

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Property developer Far East Consortium (FEC) is showing its appreciation of ‘heroic’ NHS staff and care workers by offering to make a five per cent deposit contribution on homes at two of its major Manchester schemes.

The offer on properties at MeadowSide and New Cross Central is in recognition of the service of NHS staff in hospitals and workers in care homes during the COVID-19 crisis.

Gavin Taylor, regional general manager at the Manchester office of Far East Consortium, said: “Given our country’s current situation, we know how important the work of our NHS staff and care workers has been at this time. We wanted to show our gratitude and appreciation for their heroic service on the front line.

“At this time, the FEC Manchester team is pleased to announce that we are offering a 5 per cent deposit contribution to any NHS staff and care workers, across our MeadowSide and New Cross Central developments.”

MeadowSide comprises 756 apartments and townhouses across four residential schemes overlooking Angel Meadow Park, the largest green space in central Manchester.

The offer to NHS staff and care workers on MeadowSide may be used in conjunction with Help to Buy, the scheme in which the Government provides a loan of up to 20 per cent of the cost of a new build home interest free for the first five years with the buyer responsible for a five per cent cash deposit and 75 per cent mortgage, subject to approval by Homes England.

FEC is offering Help to Buy on Mount Yard, one of the four schemes at MeadowSide, comprising a total of 136 one, two and three-bedroom apartments and townhouses with prices starting from £235,000.

Meanwhile, with prices from £228,500, New Cross Central at Addington Street, New Cross will provide a total of 80 high quality three-bed townhouses, one and two-bed apartments and penthouse apartments around a landscaped courtyard.

Both MeadowSide and New Cross Central are key residential schemes within the Northern Gateway, an investment partnership between FEC and Manchester City Council to deliver over 15,000 new homes across the north side of the city centre over 20 years.

NHS staff and care workers interested in taking up the offer from FEC can visit the marketing suite at MeadowSide when it reopens on Wednesday, 27th May with social distancing and safety procedures in place because of COVID-19.

North West IT firm announces rugby league sponsorship

Toronto Wolfpack has announced a new sponsorship agreement for the 2020 Super League Season, welcoming North West-based IT solutions experts Agrinote Holdings as the club’s Official Technology Partner.

Toronto Wolfpack is the world’s first transatlantic rugby league. The club, which is based in Canada, competes in the England-based top-tier Super League.

With a heritage of 20 years’ delivering service excellence, Agrinote Holdings is a key innovator within the data and technology industry. The firm, which delivers software defined networking and digital transformation solutions for networks and data centres, works with clients across the UK and Europe and North America.

This exciting partnership with the Wolfpack will see the two organisations collaborate on a number of initiatives and Agrinote Holdings’ team of dedicated and trusted consultants will now become an integral part of the unique journey undertaken by the world’s first transatlantic professional sporting team.

As part of the sponsorship agreement, Agrinote Holdings will provide the club with a digital road map, and consultancy and advice on their digital strategy and delivery – optimising the club’s global business capability.

Lee Hutchins, Managing Director of Agrinote Holdings, said: “A commitment to quality and innovation is at the heart of the Agrinote Holding’s ethos and as a transatlantic business ourselves, we saw a real alignment with the club’s values and their focus on delivering amazing results on a global stage.

“We’re delighted to get formalising our relationship with Toronto Wolfpack, it’s a club which has set a new standard and revolutionised the rugby league model. We look forward to working more closely with the club under our new partnership and utilising our team’s extensive experience and expertise to bolster the club’s performance as a global business by strengthening its technology systems and super-charging capability.”

Martin Vickers, Toronto Wolfpack’s UK General Manager, shared the club’s excitement at the new partnership:

“As a Club, we share a lot of the same values as Agrinote Holdings and are thrilled to join forces with them. We are both striving for excellence and success in our respective fields and I am certain this partnership will complement our continued growth.

“During this extremely challenging time we are delighted to announce a hugely positive news story, as we strive to continue collaborations with businesses on both sides of the Atlantic.”