Sean Powell

Secure Trust provides over £60m to North West SMEs

Secure Trust Bank Commercial Finance has provided more than £60m of facilities to SMEs in the North West.

Since the bank launched in 2014, its asset-based lending arm has worked with 35 of the North West region’s SMEs, providing £64m of limits.

Deals have included providing Preston-based Independent Inspections Group – an assessment and restoration company – with a £1.75m funding line.

Secure Trust Bank has also provided facilities to Manchester-based asbestos and environmental compliance services provider Winsulate, and Ventilation Surveys and Services in Liverpool.

Sean Powell, national sales director at Secure Trust Bank Commercial Finance (pictured above), said: “Accessing funding is without a doubt one of the major barriers to SMEs achieving their growth ambitions, so it is extremely pleasing to be able to provide such a significant sum to support the region’s development.

“From its traditional manufacturing roots to its prospering technology future, the North West is home to some of the most innovative businesses.

“Building relationships has been crucial to our success, both with ambitious management teams and the wider business advisory community, and this will continue to be a key focus for us as we push towards the £100m mark in the region.”

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