Tag Archives: commercial finance

Awards, Finance and Banking, News

Partner Josh shortlisted for national award

A partner at a leading Shropshire financial firm has been shortlisted for a prestigious national award.

Twenty-two-year old Josh Timbrell – who was made a partner at Q Commercial Finance just three years after he first joined the company – has been shortlisted for the Rising Star of the Year award at the 2022 Commercial Broker awards.

The awards are organised by the National Association of Commercial Finance Brokers and are regarded as among the highest honours in the industry.

The NACFB says that the Rising Star award is designed to ‘celebrate the real people who are the beating heart of face-to-face business’.

Director Steve Parry said the nomination was a huge honour for Josh and a reflection of the part he had played in the success of the overall business.

“If anyone deserves to be recognised as a rising star, then it is Josh. He joined us from college and has rapidly become an essential part of our business and, more importantly, someone our clients trust and respect.

“He is a real role model in terms of his dedication, commitment and willingness to learn and it is fantastic that these qualities and the contribution he is making are now being recognised on a national stage.”

Josh joined Q as a commercial executive in August 2018 before being promoted to senior commercial executive two years later and then being made partner last September.

He said: “I am absolutely delighted to have been nominated for these awards, which are run by the national body and are a real beacon of excellence in our industry. Q have given me a fantastic opportunity at such a young age and I want to continue working to bring success to the business for many years to come.”

The winners will be announced at the NACFB Commercial Broker Awards ceremony at Edgbaston Cricket Ground in Birmingham on Friday 23rd September 2022.

Q Commercial Finance is part of the Q Financial Services group, which has offices in Wellington and Shrewsbury, and is one of the leading and fastest-growing companies in the sector across the Midlands.

For more information about Q visit  https://www.qfinancialservices.co.uk/

Midlands News, News

Rail services company on track to expand thanks to help from Q

A thriving Midlands rail services company is on track to expand after receiving expert support from a leading financial services specialist.

Wolverhampton-based EnPro is buying a new commercial site and purchasing a second company as part of a growth strategy supported by Shropshire-based Q Financial Services.

Lee Fellows, director of financial planning at Q, said the company had been working closely with EnPro, which offers a range of bespoke services to the rail industry, to help it develop the finance to meet its ambitions for its next phase of growth.

“Both myself and Q Commercial Finance partner Josh Timbrell have been working with EnPro for some time and are delighted that the finance we’ve been able to arrange is making a real difference to the company’s growth plans.

“We put a solution in place to allow them to purchase a commercial premises utilising their existing pension arrangements, which will mean that instead of renting, they will be able to pay rental income back into their own schemes, providing an opportunity for their scheme to grow.

“This solution is also exceptionally tax efficient so that the company will benefit to the maximum from any growth in the value of the building.

“And working together with our commercial finance team we were also able to raise working capital for the business to support growth and expansion, provide knowledge and expertise on management buy ins/outs to help them navigate the growth of their company and become part of their team so that we can help with future growth.”

Lee said the support meant that EnPro had now made an offer to purchase another firm as part of its growth plans.

EnPro managing directors Craig Speed and Daniel Cartwright said Q’s support had been invaluable in helping the company, which was incorporated in 2017, to expand.

“We have set ourselves some ambitious targets for 2022 and the support and advice we have received from Q has been an exceptional help in helping us meet them.

“They are not just a trusted financial adviser, but an integral part of our team who share our values and drive for success. We are now in a position to target new customers and expand our services as a result of the work we have put in place with Q. I couldn’t recommend them highly enough.”

Q, which has bases in Wellington and Shrewsbury, is one of the region’s fastest-growing financial services companies and has been shortlisted this year in the Shropshire Chamber business awards for outstanding customer service.

For more information about Q visit  https://www.qfinancialservices.co.uk/