Nucleus Commercial Finance has revealed 85% growth in facilities paid out to businesses in the North West in 2018 compared to 12 months earlier. Of the facilities paid out, cash flow finance increased by 169% in 2018 to £5.7m, with SMEs in the region showing significant demand for this solution.
Simon Willmett, Finance Director of Nucleus Commercial Finance, said: “We are delighted to be holding an event in Manchester for businesses and brokers in the region. The North West is a key region for Nucleus Commercial Finance, and we are here today to demonstrate our commitment to this thriving area of the UK.
“Over the past 18 months, we have lent to over 1,300 business in the region, and we have recently increased our presence in Manchester with two new appointments so we can further support SMEs with the finance they need to support growth.
“All too often, businesses are not given access to the type of funding they need to grow, but at Nucleus, we don’t categorise businesses – instead we work with them individually, to understand their specific needs and support SMEs in delivering growth and achieving their ambitions.”