Yorkshire-headquartered commercial finance brokerage, ABL, has expanded its UK portfolio with the opening of a new office in the South West of England and the appointment of a new regional managing director.
The new site – located in Bridgewater, Somerset – opened its doors on 2 November, and is headed up by newly-appointed David Baum, who will be recruiting locally for a finance administrator and apprentice in early 2021.
“At a time when many organisations are looking to downsize – or get rid of their offices completely – this move is the first step towards fulfilling our own targets, and making ABL a truly national organisation,” explained Alex Beardsley, joint managing director at ABL.
“With our head office in Yorkshire, a second outpost in Scotland, we’re hoping to hit the £1.7m turnover threshold next year, and with plans to open two further offices by 2022, we have the representation we need to properly support businesses across the UK – and flourish ourselves.
“It’s important that we support both clients who are looking for access to finance, and their own advisors, and a physical presence in the South West will allow us to collaborate with the local enterprise partnerships, Chamber of Commerce, and regional business networks.”
ABL’s regional managing director, David Baum, added: “I’m delighted to be spearheading ABL’s expansion across the South of England. Now, more than ever, businesses owners want to know they have someone local supporting them – not a faceless entity that is miles away.
“Being able to meet with someone face-to-face – lockdown permitting – knowledge of the local economy, regional business community, and the ability to signpost to other advisors within the area will only add further value for all parties.”