A funded service which helps Lancashire businesses to find and secure finance has helped the county’s businesses create more than 300 new jobs since 2015.
Access to Finance Lancashire is available to Lancashire businesses and is fully funded by Lancashire County Council and the European Regional Development Fund.
It is operated by a team of former banking professionals and finance experts which works with businesses to understand their needs, identify their finance options and help them secure finance suited to their ambitions.
The service has been delivered by GC Business Finance since 2015 and since then, the team has now supported 437 businesses, which have created a combined 305 jobs since working with Access to Finance Lancashire.
The support received by Lancashire companies through the Access to Finance Lancashire service has also resulted in funding offers worth a combined £30 million.
Mark Gibbons, senior Access to Finance adviser, said: “Since the Access to Finance Lancashire service began, we’ve worked across many sectors helping businesses maximise opportunities while supporting many in dealing with major economic issues such as Brexit, the Covid-19 lockdowns and more recently the cost-of-living crisis.
“Businesses have become more resilient, and for many that has included understanding and sourcing finance either to grow, innovate or to simply improve their cashflow position.
“Our team of funding experts has helped businesses through all these issues and we’re pleased that we have been able to contribute to the Lancashire economic growth over the past eight years."
If you’re looking to understand your finance options, speak to our team to find out how we can help.
If you run a small or medium-sized business in Lancashire and want to find out how the Access to Finance team can support your business, get in touch with the team today.