Increased Funding for West Midlands SMEs Prompts Employment Drive at BCRS Business Loans
17 Apr 2018
Published in: Member News
Two new Business Development Managers have joined regional business lender BCRS Business Loans, taking the team up to seventeen.
Andy Hustwit and Osman Baz join the not-for-profit lender at an exciting time, after it recently announced a commitment to helping even more businesses access finance to promote growth and prosperity.
Wesley Lovett, who heads up the business development team at BCRS Business Loans, said: "We are delighted to welcome Andy and Osman to the team, who both bring with them a wealth of experience in business lending. More importantly, they are both friendly, professional people who are passionate about supporting businesses that are unable to access some or all of the finance they need from traditional lenders.
"Our aim is very simple; to help SMEs realise their dreams and aspirations for their business and make sure that no viable business is left unsupported", commented Wesley.
In the past 15 years, BCRS Business Loans has lent over Â£38 million to 1,217 SMEs, which has had an impressive impact on the West Midlands economy. By providing loans ranging from Â£10,000 to Â£150,000 to businesses operating in most market sectors, the region's SMEs have been able to grow substantially and create and safeguard over 8,500 jobs - helping to upskill the local workforce and boost the region's economy by an estimated Â£310 million.
BCRS Business Loans is also responsible for delivering small business loans for the Midland Engine Investment Fund in the West Midlands, which is supported financially by European Regional Development Fund and the European Investment Bank.
"The new appointments take the BCRS team up to seventeen; six of whom are business development managers with dedicated geographical areas of coverage across the whole of the West Midlands and environs.
Andy will be the main point of contact for Staffordshire and Stoke-on-Trent based businesses, while Osman will be on hand to help those based in Birmingham, Sandwell, Coventry and Warwickshire", concluded Wesley.
Discover more about BCRS Business Loans and how their Business Loan Funds can support the growth of your business at www.bcrs.org.uk or call 0345 313 8410.
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