CCBS Group, a renowned commercial finance boutique in the North East, has announced the opening of its inaugural office in Tees Valley. The new facility, located at Hastings House in Stockton, demonstrates the company’s commitment to bolstering the efforts of small and medium-sized enterprises (SMEs) in the area. With a decade of establishment in Newcastle-upon-Tyne, CCBS Group’s expansion to Tees Valley reflects their ongoing dedication to fostering business growth in the region.
The Tees Valley office will serve as a strategic base for the 6-person team to extend their support to clients in Tees Valley and Durham, complementing their existing office in Newcastle. According to Peter Cromarty, the Managing Director at CCBS Group, the decision to venture into Tees Valley stems from the company’s desire to provide essential aid to businesses amidst the evolving landscape of opportunities and challenges in the region. This includes the Teesworks development, the Freeport, and the imminent mayoral and national elections, all of which are anticipated to bring significant changes to the business environment.
Cromarty stated, “This year we’ve made a commitment to Tees Valley so we can support businesses as they navigate the opportunities and challenges in the region like the Teesworks development, the Freeport, and upcoming mayoral and national elections which may change the landscape yet again.” He added, “We’ve seen a rise in business owners needing support with working capital so that they can capitalise on the opportunities on their doorsteps, but we’re also seeing SMEs with very complex financial situations who need specialist support to take their next steps. We’re looking forward to getting to know our new neighbours and building strong relationships with both existing and new clients and intermediaries south of the region – so if you’re in the area, our door’s always open for a chat and cuppa.”
The new CCBS Group office is conveniently located at Hastings House, 5 Falcon Court, Preston Farm, Stockton on Tees, TS18 3TS. This expansion is expected to provide not only a physical presence in Tees Valley but also a suite of financial solutions designed to cater to the specific needs of regional businesses and entrepreneurs.
In conclusion, CCBS Group’s expansion to the Tees Valley is a testament to the company’s unwavering dedication to empowering SMEs and aiding them in navigating the intricate financial landscape. With the new office, CCBS Group aims to fortify its support network for both existing and prospective clients and to establish itself as a trusted partner in the region’s business community.
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