Close Brothers Asset Finance’s Manufacturing team has appointed Wayne Hall to the role of regional manager to drive the team’s ambitious growth plans in this key sector.
The UK’s Manufacturing & Engineering SMEs are continuing to report high levels of vacancies as the unemployment rate in the UK remains close to its lowest level since the 1970s, and while demand for talent is starting to slow (the number of job vacancies fell slightly for the first time since August 2020), many firms are considering moving to a four-day week.
Close Brothers Asset Finance has arranged a bespoke CBILS (Coronavirus Business Interruption Loan Scheme) Hire Purchase agreement for Savcon Engineering to fund the purchase of the firm’s second high-speed, high accuracy Mazak 6kW fibre laser processing machine
Close Brothers Asset Finance has announced the appointment of Andrew Bowyer to lead the vendor development programme for the Finance for Industry team.
Finance specialist Close Brothers Asset Finance has announced the appointment of machine broker specialist, Neil Ainge, to the role of regional manager of the Finance for Industry team, part of the manufacturing division. Mr Ainge’s appointment is part of the firm’s continued strategy of strengthening its sales teams with sector specialists.
Close Brothers Asset Finance has funded the purchase of a specialist CNC machine for GWR Fasteners, a manufacturer of high-quality special fasteners and precision components.
UK SMEs remain to be convinced that electric vehicles (EVs) are the future of motorised transport in the UK, despite many being convinced by their environmental benefits, according to the latest data from Close Brothers Asset Finance.
Redditch-based manufacturer, Able Tooling, has completed a management buy-out by two existing team members following the retirement of its founder and former owner.
The UK’s SMEs are overwhelmingly calling for business rates to be made both simpler and more flexible, research from Close Brothers Asset Finance reveals. Overall, the figure stands at 71%, with businesses at the larger end of the scale feeling particularly frustrated.