GC Business Finance provides debt funding and is an accredited provider of the Coronavirus Business Interruption Loan Scheme supporting businesses in the North West.
Mark brings regional finance and advisory experience, holding roles as investment manager at Business Finance North West and funding and partnerships manager at Rosebud Business Finance. He previously advised businesses on access to finance through Lancashire County Council and Access to Finance Lancashire.
Andrew brings lending and relationship management experience from roles at GC Business Finance, Bibby Financial Services, and The Royal Bank of Scotland.
Andy serves as Senior Loan Manager at GC Business Finance, following relationship management and implementation roles at Bibby Financial Services, The Royal Bank of Scotland, and Bank Leumi.
The Lancashire software firm has raised a £400k debt package comprising Rosebud backing and CBILS support to accelerate the growth of its Sentinel platform.
"After launching Sentinel, we quickly recognised that we needed financial support to build on its early success. We sought a partner that recognised our position in the market, offered suitable rates and could support us through the coronavirus pandemic."
The Lancashire-based lead generation firm secured the debt financing to establish a new office and increase marketing spend.
"At GC Business Finance, we are passionate about helping growing businesses to really establish themselves in the market. Get Work has developed at an extraordinary pace in which we have been really impressed and its recent partnership with Google shows their credibility and growth potential. We fully believe in Get Work and their online platform and hope that with our funds they can scale up their operations and help even more tradespeople across the country."
The Manchester based technology firm has secured debt funding to boost cashflow ahead of major commercial deals.
"Securing this funding will play a key role in our expansion plans, providing us with the financial freedom to develop our tech platforms and target future partnerships. We have seen considerable interest for our ‘Digital Twin’ technology from across the manufacturing and engineering sectors, and with the ongoing support of both NPIF and GC Business Finance, we’re confident that we are in an excellent position to maximise our potential."
The funding will support five new hires in Wigan and further product development.
"Warehousing and logistics businesses will usually have full visibility of where and how well utilised all their vehicles are. They will also know exactly where all their inventory is, it's value and stock-turn. However, when it comes to one of their biggest operating expenditure; people, they have little to no information. How well utilised are they? How well balanced across teams and departments are they? What processes are stopping them from achieving their potential? Who needs additional training? In times of constrained labour supply, likely to become more acute with Brexit, retaining, training, incentivising and measuring staff fairly are not luxuries – they are essential. Vitesse is a cloud-based, easy to deploy solution that helps businesses grapple with these issues, improve profitability and treat people fairly."
