Celebrations at North West finance company
There were celebrations all round on Friday 28 Oct to mark 25 years since the birth of Regency Factors.
Regency was founded in 1991 by Hilary and Maurice Craft in Bury and have been based there ever since. We have grown into one of the UK’s oldest and independent invoice finance companies.
The business serves a client base of around 200 companies nationwide, from start-ups to ones with turnover’s of up to £7m a year, in sectors including manufacturing, transport, IT, recruitment, security, construction and engineering. Some of whom have been with the business for over 15 years.
Clients’ individual financial needs can be met as our products can be tailored to suit each and every situation, be it a purchase finance need or an Invoice finance facility. Our unique offering of “whole of product cycle financing” is well received by the SME community
Maurice managing director, said:
“People who cannot get the funding they need from the banks turn to us, as we have the flexibility and willingness to help quickly, this has enabled the business to compete with the bigger lenders such as the mainstream banks. Hilary also says this success is down to “an outstanding service, talking to our customers and looking after them.”
Regency is like a family, as many members of staff started as school leavers and have been with the company over 10 years. John Farrell, the chief executive, has been with the business since 1999 and Maurice and Hilary’s son and daughter in law joined the business in 2011.