LEGION Trade Finance, a Ƶ provider of structured finance solutions, has opened a new office in Birmingham.
The company, which already has offices in Henley-on-Thames and London, has now opened its third office in Birmingham’s Brindleyplace.
LTF is an independent financier of Ƶ companies which need facilities to purchase goods from their suppliers globally, offering structured finance solutions including loans, paying suppliers direct and letters of credit.
The typical facility is between £100,000 and £2 million over the trade cycle and last year LTF facilitated trades worth more than £40 million.
It recently announced new investor funding as part of its continued drive to boost support to SMEs.
Demetrios Hadjigeorgiou, director of operations said: “Having a presence in Birmingham makes commercial sense and supports the firm’s strategy to have a Ƶ-wide presence from which to deliver its funding solutions.
“Our expansion in the Midlands clearly shows our commitment to growth.”
