Accountancy and business advisory firm, Cowgill Holloway, has launched Cowgill Holloway Business Funding to help start-ups and SMEs in the North West grow.
Cowgill Holloway Business Funding will review any arrangements that a company currently has in place and, if need be, will source a more suitable option or an alternative product. They will also work with businesses looking for their first source of finance as well as more established companies looking for new funding lines.
Offering independent, impartial advice, the team will look at the full spectrum of options, from loans, asset and invoice finance to stock finance, alternative finance and everything in between.
Benjamin Day, director of Cowgill Holloway Business Funding LLP, will work alongside Ben Cowgill and Jason Elliott to provide the service to both existing and new clients.
With previous roles at Aldermore Invoice Finance and MarketInvoice, Benjamin brings with him over a decade of experience in both traditional and alternative lending, most recently specialising in Fintech.
Benjamin said: “The North West isn’t short on ideas – the region benefits from a wealth of innovation and disruptive tech, with countless businesses across all industries making waves. Unfortunately, investment continues to stand in the way; both start-ups and SMEs consistently state funding as their main barrier for growth. We’ll be using our expertise and contacts to work with businesses and their advisors to offer an individual, bespoke approach to secure the right funding option for their company - we want to help businesses to achieve their ambitions, and on their own terms.”
Jason Elliott, partner at Cowgill Holloway, said: “Cowgill Holloway is one of the region’s most well-established accountancy practices and perfectly positioned to help our clients as they grow and develop. Over the years, we have seen countless great businesses held back, whether momentarily or thwarted entirely, by availability of funding. Whilst most businesses are much more switched on as to the options outside of traditional bank lending, the range of alternative solutions can lead people into a bit of a minefield.
“We’re delighted to have Benjamin on board to launch our Business Funding arm, and that he is already proving his value to the clients. Earlier this month, he recently helped one of our clients fund a management buyout, and we look forward to him assisting more clients with the growth of their businesses. As a firm, we look forward to doing our bit to make sure companies are able to access the funding they need to move onto their next stage of growth and becoming real success stories.”