Close Finance, the personal, business and vehicle lending firm with offices in Jersey and Guernsey, has secured one of their largest business deals in its long history.
The asset backed, lending transaction was completed with local company, BGR Limited, providers of specialist piling and foundation solutions to Jersey’s construction industry. The deal was originated and managed by Simon Davies, Client Relationship Manager for Close Finance.
Kevin Allen, Managing Director for Close Finance, commented on this business success: “We’re all very proud to see this deal complete. Of course, it wouldn’t have been possible without the expertise of Simon and the rest of the Close Finance team. This significant deal for our business is a clear demonstration of our capability in structuring large commercial lending transactions, as well as our appetite and commitment to support local businesses.
“Close Finance continues to go from strength to strength, driven by its commitment to help the people and businesses of the Channel Islands thrive. We pride ourselves on being a responsible lender with an ambition to support the growth and success of our local community.”
Speaking about working with Close Finance, Adrian Tett, Managing Director of BGR Limited said: “Throughout this transaction, the team at Close Finance continuously demonstrated their commitment to place the customer at the heart of all they do. From start to finish, they were attentive, knowledgeable, and efficient. They answered our questions quickly and supported us through the process every step of the way, delivering a funding solution that met our specific requirements.
“With Close Finance’s help, we have been able to increase our capacity and we look forward to taking BGR Limited to the next level.”
