Member Article

£20 million funds out for Positive

Manchester-based Positive Cashflow Finance (“Positive”) reached £20 million funds out days before their seventh Birthday.

Positive was established at the end of 2007 by industry experts, David Smith, Phil Chesham, Simon Cook and Peter Davis.

This last 12 months has seen 80 new clients added to their portfolio from their offices in Manchester and Birmingham.

During this period, Positive have provided funding to businesses in a wide variety of industries while continuing to remain supportive to their core sectors of recruitment, haulage, manufacturing and printing.

Positive have built a reputation for providing bespoke facilities that are built around the clients’ needs.

They offer facilities from as little as £10,000 up to £1million, with each of their clients having a dedicated client manager (and credit controller if required) regardless of the size of the business.

The management team is one of the most experienced in the sector having spent over 100 years’ between them in the industry.

In a competitive market Positive are seen as a premium provider, with a focus on building and maintaining close relationships with their clients.

Managing director at Positive, David Smith, said: “In 2007, when we opened the doors, the lending market was changing.

“With our experience, we felt we could continue to provide the close personal support SME’s required, and we haven’t looked back since.

“In a competitive industry, we believe our offering is different as we are independent and owner managed.

“We offer flexibility to our clients, not only when they start, but throughout the relationship and in this way both parties benefit.”

This was posted in Bdaily's Members' News section by Nick Chapman .