Metro Bank has today announced that it has provided IT resource specialists, Cranford Group, with a £800k invoice finance line, enabling it to expand its business further across the North of England.
David Bentley, managing director at Cranford Group, said:
“Metro Bank has truly lived up to their reputation of being fresh, innovative and accessible. The service we received was beyond our expectations and our account manager made the deal process seamless and easy. As a business, we are looking to double our revenue, particularly in the North of England and we see this new partnership as a strategic element of that as we move forward.”
With offices in both Leeds and London, Cranford Group is a professional IT Resource Management business which specialises in flexible resourcing, contract resourcing and project resource across both the public and private sectors.
Mark Stokes, managing director commercial banking at Metro Bank, said:
“With tech employment opportunities on the rise and IT and digital skills in ever increasing demand, Cranford Group is responding to a real need among organisations. It’s been great to be able to support such a high growth company with so much potential, and I look forward to continuing to work with the team as they continue to grow and expand into new regions over the coming years.”
Metro Bank provides flexible invoice discounting, factoring, asset finance and cash-flow funding solutions to SMEs and entrepreneurs across the UK. The invoice finance team offers fair and transparent agreements, with customers benefiting from a dedicated team of relationship managers, who are able to support customers with expert and industry-specific guidance. Working across sectors and regions, the team is well-positioned to provide customers with bespoke funding solutions to help them take their business forward.