Insolvency and business turnaround specialist Wilson Field is to expand its financial brokerage division in the West Midlands after just twelve months of successful trading.
Wilson Field created a branch WF Financial Solutions (WFFS) in Newport back in February 2016 with a launch across its Welsh, West Midlands and the South West offices.
It is now relocating its Newport operations into its West Midlands office in Blythe Valley Business Park in Solihull to build on the company’s initial success and complement further the activity of WFFS Sheffield and Leeds offices.
Since launch WFFS has helped 47 companies with in excess of £4m in funding.
The company is currently recruiting experienced staff to further strengthen the team.
Neil Jeeves from Wilson Field’s West Midlands Office, said; “We realise that as the economy strengthens there is a greater demand from clients looking for turnaround services and this often involves arranging finance or introducing investors to aid growth and business turnaround.
“Even if an insolvency procedure is needed, finance frequently forms part of the package. W F Financial Solutions offers all types of commercial finance to meet any situation and industry sector. This move allows us to build on our initial success and work even more closely with funders and our existing network of nationwide offices.”
The team advises on diverse financing options for businesses, including re-banking, invoice and asset finance, bridging and commercial mortgages and a host of other routes to secure financial requirements including peer-to-peer lending and RGF Funding.
Parent company Wilson Field employs almost 100 staff throughout the UK.
Nick Wilson, managing director at Wilson Field, said; “More robust and diverse mechanisms of financing for businesses which aim to grow or achieve successful turnaround goals are being sought as the business landscape changes.
“Brexit and the economic uncertainty that it brings means some companies will face challenges, but other companies will capitalise on the changing trading environment. We can provide financial solutions to these businesses to help them achieve their ambitions.
“Despite operating in a market which has contracted over the past few years, Wilson Field continues to innovate and diversify to meet the changing needs of our clients.
“We have already seen an uptake in financial services helping to form part of the overall growth plan for our business.”
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