Regency Factors reports record breaking growth in Q1 2019
SME funding provider Regency Factors PLC has announced a record breaking start to 2019. Providing funds of more than £20m to SME’s across the UK. The figures for Q1 show an increase in client base with 15 new clients on-boarded in Q1 alone.
This growth is thanks to a strengthening of the sales and marketing team in 2018, who have focused on developing Regency’s branding and exposure of Regency’s core product of invoice finance and whole of product life cycle finance.
Maurice Craft, managing director at Regency Factors, said: “Regency prides itself on being supportive to SME’s throughout the UK, providing flexible finance options they need to survive and grow. The funding we provide enables business owners to kick start their growth plans and remove the day to day cashflow pressures they face.
We’re looking forward to the rest of 2019 and despite the continued uncertainty surrounding Brexit we remain committed to delivering our strong support and customer service to yet more UK SME’s”