Reward Finance Group and Eyre and Co. Accountants have agreed to a funding deal which can see Eyre and Co obtain a £140,000 money injection to bolster the agency’s development plans.
Eyre and Co. is an accountancy and enterprise assist agency with places of work in Sheffield and Doncaster. The money injection will allow the agency to simplify its possession construction and push forward with its enlargement plans.
It will embrace the opening of an workplace within the Nottingham space to develop an East Midlands presence, in addition to persevering with to develop its Yorkshire shopper base.
The corporate at the moment has a workforce of eight folks serving a shopper base of round 500 SME companies, in sectors equivalent to consulting, authorized and development. It has been offering accountancy and enterprise recommendation companies since 2019, when Claire and Andrew Eyre acquired an extended established follow, AR Accountants.
After agreeing a brief time period Enterprise Finance facility with SME funding specialist Reward Finance Group, Eyre and Co. has boosted its working capital to finish the ultimate stage of its acquisition, which sees Claire Eyre take sole possession.
Reward Finance Group was launched to Eyre and Co. by Trusted Enterprise Associate (TBP), run by James Clinghan, who brokered the funding facility at the side of Reward Finance Group’s Enterprise Improvement director, Harriet Gibbs.
Andrew Eyre, follow supervisor at Eyre and Co., stated: “Coping with Harriet and Reward was an actual pleasure and made what might simply have been a anxious and demanding request, very simple and straightforward.
“Harriet was completely educated, skilled and very supportive at each step of the way in which, a whole change from conventional finance suppliers and such a refreshing approach of working. I wouldn’t fail to suggest her and Reward to anybody, and I’m certain they’ll turn out to be a trusted supply of assist for years to come back.”
Harriet Gibbs, enterprise growth director at Reward Finance Group, added: “Andrew and Claire have a transparent imaginative and prescient for the following chapter for Eyre and Co. with an amazing alternative for development, and we’re happy to have the ability to assist them.
“The Enterprise Finance answer we’ve got supplied was splendid for unlocking their development potential, enabling them to leverage the worth of property to supply a versatile working capital facility which can be utilized to grasp their objectives.”