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Banking on success at Kings Hill

Banking on success at Kings Hill

Specialist lender Shawbrook Bank has opened one of several new Regional Business Centres in the UK at Kings Hill as part of its drive to get closer to the businesses it serves.

“We are a growing bank and firmly believe that the best way to support SMEs (small and medium-sized enterprises) across the country is by being physically present within the regional economies in which they operate,” said regional managing director David Moran.

The bank was founded in 2011 and in that time has loaned in excess of £4.1billion and raised more than £3.9billion in deposits. It specialises in supporting SMEs, providing funding for a range of needs, including the purchase of machinery and equipment, management buyouts, major acquisitions and restructuring.

Twelve staff are based at Kings Hill and the bank will continue to build its presence there. “The location is ideal for us to meet with customers and partners throughout the region,” added David Moran. “We offer deep sector expertise across a number of industries where specialist knowledge of specific assets is essential.

“The new office is also home to our specialist Taxi team, led by Sean Taylor, which supports customers throughout the UK as well as the London black cab market.”

As well as financial services related businesses, Kings Hill has a varied and diverse tenant mix from many sectors including property, oil, food, automotive and telecommunications.

Jane Harrison from Kings Hill developer Liberty Property Trust said: “Kings Hill’s proximity to major transport networks with easy links to London, the south east and the rest of the country is an undoubted draw for companies setting up in the county.”

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