intelligence PROFESSIONAL EXPERTISE ADVERTISEMENT FEATURE


Specialist lending for businesses in Devon


Businesses in Devon could be missing out on opportunities due to a lack of finance or delays in funding, warns specialist lender Together. Together’s regional development director for


Devon and the South West, Paul Chadney, said: “There is a general lack of awareness amongst SMEs regarding the funding options available, other than the mainstream banks, which can often mean missed opportunities for businesses. “At Together, we have greater flexibility than mainstream lenders and are able to act fast. This can often allow businesses to move quickly on a purchase or investment, and ensure they don’t miss out because of tight deadlines.” With more flexibility to consider cases on


their individual merits, alternative finance providers, like Together, have experienced increased demand in recent times, helping small businesses that may not fit within the more rigid criteria set out by mainstream lenders, to access the funding they need. For businesses looking to grow, specialist


finance is able to deliver the essential funds needed - whether it’s for short-term cash flow or a major investment.


Paul, who has over 25 years of banking experience, added: “I work with clients across Devon and the South West, bringing Together’s common sense approach to the region and giving the professional sector the opportunity to enhance their offering and to receive reciprocal business. “We have a broad network of professional introducers including accountants, solicitors, banks and financial advisors, who will refer clients to us knowing that they can be assured of excellent service and a speedy decision. “2016 has been a very positive year for the alternative finance sector and indicates that whilst the landscape of the finance market may have changed dramatically, there are many options available for both businesses and individuals to find the finance that’s right for them – it’s just about knowing where to look. “Our recent figures are testament to our


success - we increased lending by nearly 40% in the 12 months to 30 June 2016, reaching over £1 billion, and have a loan book in excess of £1.8 billion.”


Together is a specialist lender with over 40 years’ experience in the financial services


industry. It offers a wide range of finance including short-term finance, auction finance, buy-to-let, residential and commercial mortgages and secured loans.


Visit www.togethermoney.com/southwest for more information, call Paul on 0117 407 0179 or email


paul.chadney@togethermoney.com


MARCH/APRIL 2017 insight 27


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