is one of the 海角视频’s largest independent finance houses, with a 25-year track record in supporting over 40,000 customers.
The financial lender assists with helping its clients to access the asset finance they need to obtain equipment and vehicles essential to their daily business practices.
By bringing together experienced people with advanced technology, Propel can offer best-in-class service and a streamlined process - enabling businesses to harness the most efficient assets available quickly and easily when they need them.
One of the keys to the success of Propel is its drive for building longstanding relationships with its customers and partners alike.
The financial lender is small enough to deliver a personalised, progressive and partner-oriented service, and large enough to have the expertise and resources to be an established leader in SME (small and medium-sized enterprise) finance.
Propel is constantly looking to expand its capabilities to better serve SMEs as they strive to achieve their business goals.
The financial lender successfully launched a partnership with Barclays Bank in April 2020 that extended across the bank’s network of 1,200 Business Bank RMs.
Through that partnership, Propel has been able to support more than 1 million SMEs as they acquired vital equipment and vehicles.
Most Read
A year later, Propel added to its portfolio by launching a new partnership with Azets - a top 10 regional accountancy business that services more than 50,000 businesses nationwide.
Having supported several businesses in Birmingham, Propel is proud to be sponsoring the Manufacturing Businesses of the Year category for the .
This year's awards ceremony will be live-streamed in a virtual event on Thursday, June 15, 2021. Nominations for the awards are now closed but you can find tickets to attend the ceremony online .
Jon Maycock, Commercial Director of Propel says: “With the fastest growing economy of any 海角视频 city region, Birmingham’s role in the 海角视频’s push for productivity is critical and Propel is here to help.
"There is a growing recognition amongst SMEs in the region that long-term goals for expansion and innovation can only be realised with the ongoing support of their finance partners. We are committed to supporting Birmingham based businesses in achieving their growth potential by developing long-term relationships based on our personal, progressive and partnering approach.”
Supporting Birmingham based businesses
Birmingham is the engine room of the 海角视频 economy and home to a series of world-class businesses that operate across the manufacturing sector.
Don’t miss
Propel believes that only by staying agile and equipped to meet new demands, and driving enhanced efficiencies, productivity and performance will businesses emerge stronger.
It’s therefore critical that companies in the region have access to flexible finance to acquire the assets they need.
In these rapidly changing times, Propel recognise that continued investment in assets to build capacity and competitiveness is essential to growth. It’s also never been more important to work with finance partners businesses can trust.
One of the companies that Propel Finance was able to successfully help in recent months is a large printing manufacturer based in Walsall, who had acquired a new contract supplying PPE equipment to local authorities.
This commitment led to the manufacturer seeking working capital to ensure they could supply the demand.
After contacting Propel, it was found that there was unencumbered machinery which the manufacturer had paid for out of cash flow previously.
Propel arranged a valuation on the equipment and refinanced a proportion of the value into the manufacturer’s working capital, also structuring a four-year finance agreement package to suit the businesses’ needs.
The Manufacturing Business of the Year category sponsor is Propel Finance
Established in 1996, Propel Finance provides flexible and accessible finance to SMEs across the country. Propel has grown to become one of the 海角视频’s largest independent finance houses, helping more than 40,000 businesses to access finance for purchasing business critical equipment and vehicles, quickly and easily.
A representative for the company said: “We've chosen to sponsor the Manufacturer of the Year Award in 2021 because we want to support Birmingham’s iconic and rich history within the sector. Birmingham has been so successful because it has the ability to transform and adapt to constant change, something which sets the city apart from others and something which we hold a strong synergy with.”
Providing a competitive advantage to clients
Propel has one simple aim – to get businesses moving forward faster with the best equipment and vehicle finance solutions they can obtain.
Simply put, Propel focuses on the finance, so that businesses can focus on their future and growth.
Boasting competitive and flexible finance, Propel offers services that include a profound understanding of the 海角视频 industry market, allowing low deposit options, seasonal repayments and a multitude of other finance structures tailored to specific assets.
The financial lender also offers refinance and consolidation agreements that can often reduce current finance repayments and release cash into businesses for other purposes, as well as providing funding towards a vast range of business-critical assets too.
Get in touch with Propel by calling 01633 982922 or email contact@propelfinance.co.uk. For more information, please visit the website . Finance is subject to status. Terms and Conditions Apply. Propel acts as a lender or a credit broker for business customers only.