Bibby expands operations to respond to local expectation of sales growth
Bibby are expanding operations in Leicester as local business’s expect growth in sales
Billy are pleased to announce the opening of our new East Midlands Business Centre in Leicester, including the expansion of our existing operations at Grove Park, Enderby.
The news comes as figures from our SME Confidence Tracker reveal improving confidence in the region, with over half of East Midlands-SMEs expecting sales growth and more than two-thirds planning to invest in the months ahead.
Sharon Wiltshire, managing director for Bibby Financial Services in the East Midlands said: “The East Midlands is a hotbed of entrepreneurship and it’s evident that local businesses are confident about future prospects, which is fantastic.
“We have a proud history of supporting businesses in the region, and want to enhance our support for local SMEs even further.
“I’m delighted to announce the opening our new Business Centre in Leicester, which will provide us with the location and capability to help more businesses in the area to grow.”
Our Leicester branch first opened their doors in 1994 and now services businesses throughout the UK, has 50 employees and provides over £40m in funding to SMEs. Initially, the new Business Centre will see the creation of 10 roles with further job creation over the months ahead and it is hoped the expanded office will act as a hub for SMEs and business advisors alike.
The opening coincides with our latest SME Confidence Tracker, which shows that 52% of East Midlands-businesses expect to see a growth in sales and almost three-quarters (72%) are planning to invest in recruitment, technology or new markets in the months leading to October. Businesses in the region recorded the second highest sales confidence in the country, behind SMEs in East Anglia.
Sharon said: “Right now, confidence among the region’s SMEs is high and I believe it is these growing, ambitious enterprises that will help to fuel further economic stability throughout the UK.
“We currently advance upwards of £40m in funding to businesses. The opening of our new Business Centre will undoubtedly enable us to support more SMEs throughout the region from our base here in Leicester.”