MEMBER NEWS A billion in balances for JCB Finance
A lender which finances the purchase of JCB products in the UK has a billion reasons to celebrate – literally. JCB Finance – one of the biggest
lenders to the construction and agricultural industry in the UK – is celebrating the milestone news that total lending has reached an all- time high. For the first time in its history the amount currently being lent to fund the purchase of machines has broken through the £1bn barrier. And for the firm’s 100 employees
it’s a real reason to celebrate because bosses have treated them to a weekend away for two to mark the milestone which comes ten months before the company’s 50th anniversary. JCB Finance was set up in
February 1970 under the name JCB Credit and has expanded from humble beginnings with JCB Chairman Lord Bamford as one of its original directors. Today JCB Finance provides hire purchase and leasing options for UK business customers, supports the JCB UK dealer network and has facilitated the purchase of more than 250,000 JCB machines over the past 49 years. Including money loaned to acquire other plant and vehicles, JCB Finance has lent more than £13bn to UK businesses to help them grow and invest. JCB Finance MD Paul Jennings
said: “To reach £1bn in balances is an amazing achievement which
JCB Finance staff celebrate the milestone achievement
‘To reach £1bn in balances is an amazing achievement which would not have been accomplished without a huge team effort’
would not have been accomplished without a huge team effort. We are here to help JCB customers buy their equipment and this milestone is a measure of the hard work put in by everyone involved. It’s also a very good indicator that confidence levels in our sector remain resilient and as a measure of our success.”
JCB Chairman Lord Bamford said:
“The growth of JCB Finance has mirrored the growth of JCB and our success is very much intertwined; JCB’s development and market leadership in the UK simply would not have been possible without JCB Finance. The team should be proud of this achievement.”
Alan Wilson, Director of the civil engineering, excavation and haulage business L & W Wilson (Endmoor) Ltd, which has used JCB Finance to purchase its JCB machines since the 1980s, said: “I congratulate JCB Finance on reaching such a tremendous milestone but such an achievement should come as no surprise. “During the recession JCB
Finance was one of the few companies that you could rely on to support your business.”
Hallam is searching for a win
Nottingham-based leading digital marketing agency Hallam has been nominated for five categories in the renowned European Search Awards 2019. Recognition came from the Best Large Integrated
Search Agency, Best Large PPC Agency, Best Large SEO Agency, Best Use of Search – B2B and Young Search Professional of the Year categories. Hallam demonstrated its expertise with entries that showed an innovative approach to data and analytics with transformational client campaigns. The team was particularly proud to be nominated
for the Best Large Integrated Search Agency with the competition in this category especially strong. With client campaigns that saw revenue increase by 72% its entry stood out to the judges and also
earnt a nomination for Best Large PPC Agency. Hallam was recognised for leading the competition
with a nomination in the Best Large SEO Agency category. Its entry highlighted SEO projects for global businesses, where clients have seen an overall increase of 69% in organic traffic. Hallam further impressed the judges with its
Stuart Ross 6 business network June 2019
nomination for the Best Use of Search in the B2B category for a campaign that completely altered its client’s perception of search marketing, representing a huge return on investment of 6,351%.
Leo Worsley, Paid Media Team Leader, has been
nominated for Young Search Professional of the Year. Working for Hallam since 2017, he impressed the judges with the wide range of effective digital strategies he’s implemented for clients, his work ethic and for running knowledge sharing workshops with local universities. Stuart Ross, Managing Director of Hallam, said: “I’m
very proud that Hallam has been nominated for so many awards. It’s a testament of our high-quality services, results-driven approach and the talent working at Hallam. Innovation and strategic thinking are at the heart of everything we do and it’s great to see that recognised at an international level.” The European Search Awards is an international
competition that celebrates the very best in digital marketing across Europe. The rigorous judging criteria look for tangible results and include a two-step process, with transparent pre-scoring and panel discussions. The 2019 winners will be announced on 20 June in Budapest, Hungary.
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