Advisory firm Cowgill Holloway expands with Business Funding division

North West accountancy and business advisory firm Cowgill Holloway has expanded with the launch of an SME funding arm.

The division, operating as Cowgill Holloway Business Funding, will review any arrangements a company has in place and, if necessary, source a more suitable option or alternative product.

Other services will include helping younger companies secure their first finance and more established firms with new funding lines.

Cowgill Holloway said its Business Funding team will look at options including loans, asset and invoice finance, stock finance and alternative finance.

The division will be led by Benjamin Day, who previously held roles with Aldermore Invoice Finance and MarketInvoice. Benjamin has over 10 years’ experience in both traditional and alternative lending, more recently specialising in fintech.

He said: “The North West isn’t short on ideas – the region benefits from a wealth of innovation and disruptive tech, with countless businesses across all industries making waves.

“Unfortunately, investment continues to stand in the way; both start-ups and SMEs consistently state funding as their main barrier for growth.”

Benjamin continued: “We’ll be using our expertise and contacts to work with businesses and their advisors to offer an individual, bespoke approach to secure the right funding option for their company – we want to help businesses to achieve their ambitions, and on their own terms.”

Cowgill Holloway partner Jason Elliott commented: “Over the years, we have seen countless great businesses held back, whether momentarily or thwarted entirely, by availability of funding.

“Whilst most businesses are much more switched on as to the options outside of traditional bank lending, the range of alternative solutions can lead people into a bit of a minefield.”

He added: “We’re delighted to have Benjamin on board to launch our Business Funding arm.”

Cowgill Holloway has offices in Manchester, Liverpool and Bolton.