Skipton Business Finance is celebrating its 25th anniversary of supporting UK commercial growth, having provided more than £840 million in funding to small and medium-sized enterprises (SMEs) since its inception.
Launched in 2001 with a team of just seven colleagues, the company has grown significantly over the last two and a half decades. It now employs more than 125 people across its Skipton head office and nationwide regional offices. As a subsidiary of the Skipton Group – closely aligned with Skipton Building Society – the company has guided businesses through major economic milestones, including the 2008 financial crisis, Brexit, and the pandemic.
To meet the modern demands of UK businesses, the firm has expanded its traditional invoice finance services. Its recently launched Asset-Based Lending (ABL) division has already delivered nearly £12 million in scalable funding structures, and the company continues to facilitate access to the Government-backed Growth Guarantee Scheme (GGS) to strengthen cash flow for eligible firms.
Greg Bell, CEO at Skipton Business Finance, said:
“Reaching 25 years is an important milestone for the business and something all our colleagues should feel incredibly proud of. Over the last two and a half decades, the business landscape has transformed. What has remained constant throughout that time is the importance of relationships. We take the time to properly understand our clients, allowing us to provide funding solutions and support that genuinely help them move forward with confidence.”
