West Yorkshire commercial finance specialist launches recruitment drive with £6m turnover target

West Yorkshire based commercial finance consultancy ABL Business has launched a major recruitment drive as its joint managing directors chase “ambitious” growth plans and aim to turn over £6m by 2025.

The company recently opened regional offices in the North East and South West of England, and aims to open a further 12 locations across the UK in the next three years.

Alex Beardsley, joint managing director at ABL Business, said: “As an intermediary, our 360-degree view of the complex commercial funding market is increasingly popular with businesses, and their advisors, looking for independent advice to structure and secure the best possible finance package.

“The funding is out there for UK businesses looking to grow, but they and their advisors no longer know where to go to get independent, unaffiliated support to ensure they access the best deal.

“Add to this the fact that commercial lending is going to be more difficult to secure because of the pandemic, plus the lack of ability for businesses to access to bank managers unless they have a turnover of plus £5m or they are a prime customer, means the need for independent commercial finance advice is greater than ever.”

In February, the firm announced that former Handelsbanken UK chief operating officer, Andy Copsey, had joined its board as non-executive director to help advise on and deliver its growth plans.

Commenting at the time, Andy said: “I am delighted to be joining ABL at a time when the UK commercial finance and banking market is changing quickly, and businesses are increasingly seeking commercial finance consultancy that is independent of lenders.

“ABL’s business proposition gives business owners and advisors an independent view of the complex commercial funding environment, thus delivering real value to businesses, and the UK economy, while fulfilling a crucial market requirement that is getting greater by the day.”