• Mark Stokes Photo

     

     

    Our entrepreneurs can engineer a sustained recovery

     

    This year marked our 12th year of proudly sponsoring the Sunday Times Profit Track 100. And it gives me great pleasure once again to see 24 businesses we support making the top 100 in 2014.

     

    The Profit Track league table represents 100 of Britain’s brightest and best companies; businesses who’ve shown determination and commitment to creating strong, sustainable growth.

     

     

     

     

    Regional strength

    What is particularly heartening this year is that four out of the five top businesses are outside of London. This paints a picture of a broad-based regional recovery and supports the findings of our own Business Barometer.

     

    It is also encouraging to see a broad mix of industry sectors across this year’s Profit Track 100 – everything from services to manufacturing, retail to construction. That suggests that the moves to re-balance Britain’s economy are paying off.

     

    Delivering funding for growth

    The re-balancing trends reflect our own commitment to supporting the wide variety of different UK businesses and industries that make up our economy.

     

    We support them with in-depth sector insight and expertise delivered through our 24 area offices. This nationwide presence ensures we have the local knowledge and support to understand our clients’ current position and where they are heading.

     

    Our commitment to fully understanding our customers' ambitions, requirements and local economic community also contributes to our record of approving over 90% of the funding requests we receive.

     

    In addition, we know that responding quickly to our clients’ funding needs is crucial to supporting their growth strategy. Express Engineering (no. 8) in Gateshead received local credit approval on facilities within 24 hours to support their expansion plans, when a delay could have jeopardised their deal.

     

    Building strong relationships

    Expertise also counts, as Thompson Online Benefits (no. 5) can testify. The understanding and experience of our specialist Technology, Media & Telecoms team, has supported their story of dramatic growth, with profits rising 121% for the past three years.

     

    As I hope you can see, behind every one of these company names is a growth story of determination and strong banking relationships. That’s why we’re committed to helping to build a sustainable UK economy through supporting UK businesses.

     

2/23/2018 6:28:31 AM