Member Article

One Stop Business Finance Funds Business Growth of Leicester Based Broadband and Internet Provider

Yorkshire based One Stop Business Finance Ltd has completed a working capital finance deal lending £100,000 to Leicester-based Airefibre Network Services Ltd. Airefibre director John Peck will use the loan to support the continued growth of his business, repaying One Stop in 18 months. Andrew Mackenzie, Managing Director commented: “One Stop Business Finance is delighted with the Airefibre Network Services transaction as it is another new client based in the East Midlands, which further cements our position as a regional player.” John Peck, Managing Director of Airefibre Network Services Ltd. commented: “We have traditionally worked with factoring companies and it was clear our business needed a capital funder. One Stop Business Finance didn’t just look at our business as balance sheet but as a real company with real people working with their business challenges. The service is outstanding and the close business development has been a breath of fresh air. Our business expansion is now rapidly moving into Nottingham and Coventry and we are looking forward to a successful year thanks to One Stop Business Finance Ltd.” Rachel Mackenzie, Business Development Manager commented: “This was an exciting opportunity for One Stop and the first time I had worked with a company in this sector. It is always great to secure funding for a growing business and Airefibre Network Services are a pleasure to work with.” One Stop Business Finance continues to grow rapidly on the back of a series of transactions, by offering highly flexible solutions to its clients and great returns to its funders. It has also brokered a large number of invoice finance, commercial property and fixed asset deals over the past few months. The legal work on this project was undertaken by Ben Slack, John-Joseph Massey, Alexander Blease and Max Wayman of Clarion Solicitors in Leeds. With Business Development Managers based from the East Midlands to the Scottish border, One Stop Business Finance is seeking new opportunities to undertake even more of its own lending; offering SME clients’ short term and flexible options when conventional finance brokerage solutions don’t work. By taking clients through a lending process, the most appropriate and cost effective borrowing solutions are developed. The business is a member of the NACFB and has a number of preferred partners in respect of hire purchase lending, invoice finance, commercial property etc. This means that One Stop Business Finance can offer its SME clients a complete lending service and genuinely is able to “do the deals the banks can’t do.” For information about One Stop Business Finance visit osbf.co.uk or contact the office on 01757 289885 or info@osbf.co.uk For information about Airefibre Network Services Ltd. contact John Peck on 07737 471129, e mail john.peck@airefibre.net, or visit the website airefibre.net

This was posted in Bdaily's Members' News section by Emma Hudson .