Member Article

Mayor of Derby officially opens new Create Finance headquarters at Shot Tower

The Mayor of Derby, Councillor Mike Carr, carried out the official opening of specialist mortgage broker Create Finance’s new headquarters at the historic Shot Tower building on the Morledge in Derby.

The company marked its relocation to Shot Tower, part of the Connect Derby portfolio of managed workspaces, with a launch party attended by staff, friends and family.

The company was previously based at Riverside Chambers on Full Street, another Connect Derby building, just minutes from its new home.

The relocation to Shot Tower follows a period of sustained growth for the company, which has plans to create at least twelve new jobs over the next twelve months.

Create Finance was launched in 2015 by experienced mortgage brokers Gindy Mathoon, Karl Yeoman and Pete Mugleston. The company set up home at Riverside Chambers and since then, has achieved significant growth - expanding from one to two offices and employing more than 15 mortgage brokers and 11 admin staff, six of which are apprentices.

Create Finance works with a range of customers - from the self-employed, contractors and professionals to people with adverse credit ratings.

Commenting on the company’s official opening, director Gindy Mathoon, said:

“It was great to be able to celebrate our move to Shot Tower with a launch party. To see everyone together in the same room relaxing and having fun was the perfect way to celebrate what has been a real success story for Create Finance.

“When we decided to expand our operation, we knew we wanted to stay in the city centre but struggled to find anything of the size we needed.

“Our thanks go out to the Mayor of Derby for carrying out the official opening and to Ann Bhatti from Connect Derby for accommodating our move to Shot Tower. We’ve forged a tremendous working relationship with Ann and her team at Connect Derby since we’ve been at Riverside Chambers and are pleased to be staying part of the Connect Derby family.”

Ann Bhatti, head of Connect Derby, added:

“The launch party was a great opportunity to celebrate another success story for the Connect Derby community.

“We were delighted to have been able to facilitate Create Finance’s expansion within the city centre and would like to wish them every success in the future.”

Shot Tower takes its name from the tower that once stood on the site and was used to make lead shot before its demolition in 1932. In 2016 the building was the subject of a £1m refurbishment to transform it into a vibrant business hub for start-ups, graduates, SMEs and people looking to become self-employed.

Shot Tower forms part of the £30m Connect Derby scheme, which supports new enterprise at its seven buildings across the city: Friar Gate Studios, Sadler Bridge Studios, Kings Chambers, Marble Hall, Riverside Chambers and the iHub at Infinity Park.

This was posted in Bdaily's Members' News section by Donna Hill .