Latest News November 2017

Interest rates and Brexit

On 2 November 2017, the Bank of England raised interest rates for the first time in 10 years.  This and the ongoing Brexit negotiations are undoubtedly leading to increased uncertainty throughout the business world.  From an OSBF perspective, it is business as usual, with prices to both existing and new clients remaining at the same levels and our lenders enjoying the same 8% or 10% returns, depending on the level of funds invested.

For further information on investing with OSBF please e-mail andrewmackenzie@osbf.co.uk.

Record level of enquiries

Analysis of October’s activity has shown that we have got more enquiries on the books than the total number of deals we have completed in the calendar year to date, in what has been a record year for OSBF.

Interestingly deal numbers in October were actually quite disappointing, but as our very witty Management Accountant pointed out: “we are far too busy working on enquiries to complete any deals.”

The underlying message is that the new Business Development Managers are already generating enquiries and deal flow for the next few months looks extremely strong.  If you would like help in finding the right solution for your business or would like to discuss our services, please visit www.osbf.co.uk, contact the office on 01757 289885 or email info@osbf.co.uk.

Business Development Recruitment

On Monday 6 November 2017, Mark Ellis, our fourth new Business Development Manager (BDM), joined the OSBF team. Mark will cover the post code areas for Manchester, Liverpool, Crewe, Warrington, Stockport and Chester which mean that as a team they collectively cover the area from Leicester up to the Scottish Borders.

Our plan is that this new team will help achieve the continued doubling of turnover for the next two years and ultimately our long-term strategic plan targets.
If you wish to contact any of the OSBF BDM team, please email amandamackenzie@osbf.co.uk in the first instance to be directed to the specific OSBF BDM for your area.

To support the expected growth, we are also seeking to recruit a Trainee Management Accountant and Finance Broker at our East Yorkshire Head Office.  These are very exciting times at One Stop Business Finance.  If you, or a friend that you would recommend would be interested in the role, please send your CV together with covering email to amandamackenzie@osbf.co.uk.

IT Improvements

Following the growth in our team from one to seven over the past 12 months, we have chosen to invest in improved IT.  This has included a new server which will handle our expansion plans and investment in satellite broadband to replace the tortoise version which was previously the best available to our rural East Yorkshire offices.  This investment will ensure that our remote working Business Development Managers can operate effectively utilising current technology.

If you would like more information on the types of services and solutions available from One Stop Business Finance Ltd, please visit www.osbf.co.uk or contact the office via email on info@obsf.co.uk  or telephone 01757 289885.

“Doing the deals the banks can’t do”