Steely success for Hunter Gee Holroyd!
Hunter Gee Holroyd, representing The Corporate Finance Network in the North Yorkshire & Humber region, have assisted their client to secure a new £800k finance facility from Royal Bank of Scotland.

The new facilitiy allowed the client to acquire steel stock directly from a steel mill, which was previously not a viable source of supply due to cashflow constraints. In order for the client to secure the £800,000 required, Mark Grewer helped them show the potential lenders that cutting out the stockholders, and acquiring the steel stock directly from the steel mill, was a beneficial situation for all involved.

As insufficient security was available to meet the banks' requirements, Mark assisted the client with making an application for half the necessary funds under the Enterprise Finance Guarantee Scheme, with the balance being provided by means of an overdraft.  After negotiations with three lenders, Mark secured a deal with the client's preferred option, Royal Bank of Scotland.

Project Butterfly was completed in August 2009, with the required funds successfully obtained.  The client is delighted to be moving forward with the purchase of their new stock.

New Arrival
We are very pleased to welcome Amy Davidson to the firm. Amy has joined the team in the Easingwold office, is AAT qualified and has five years experience working in Payroll and Accounts.

Professionals Cup
Nixon Homes were the winner of the 2008 Professionals Bowling Cup. Martin House Hospice will benefit from a cheque for over £4,000. We would like to pass on our thanks to all those teams who took part and we look forward to seeing them again this October.

Club Chambers
The building work at Club Chambers has now been completed and we are the very proud owners of a beautiful new roof. The main entrance has also received a new lintel and remedial work has also been done on some of the first floor stonework. Club Chambers is a renowned building in York and we are very pleased to welcome all clients and potential new clients to visit our offices.

For more information contact Mark Grewer at Hunter Gee Holroyd on: 01904 655202