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Press releases

Norwich Rotary House Resident Wins Bank’s Gift

A tenant at a Norwich home for people with deafness and hearing problems is the proud winner of a luxury hamper donated by Cambridge & Counties Bank to mark the charity being its 10,000th savings account customer. Michael Petchey, who has lived at Rotary House for the Deaf since 2006, scooped the top prize in a raffle at the home …

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UK SMEs Urged To Settle For More In 2017

New research(1) from Cambridge & Counties Bank reveals that around a third (30%) of business deposit accounts are paying 0.1% Gross/AER or less on balances of £25,000, highlighting the real opportunity for UK businesses to shop around. The fast growing niche bank reveals that in the current low yield environment there are now only seventeen providers offering businesses an interest …

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Bank’s Northern Lending Team Doubles

Cambridge & Counties Bank, the niche property bank has added a further two members of staff to its Sheffield-based Northern office, which has now more than doubled in size since the summer. Hot on the heels of the arrival of Richard Renzi & Mark Smedley, Andrew Ward has now joined Cambridge & Counties as a Business Development Manager and Sharon …

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Bank’s Biggest Loan is for Birmingham landmark

Cambridge & Counties’ West Midlands office has completed the Bank’s biggest loan to date with a refinancing of a landmark Birmingham building converted into student accommodation. The £7.7 million funding is for City Edge, the newly opened student apartments on Hagley Road in a former office building by renowned Brutalist architect John Madin, who also designed the iconic former Birmingham …

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Simon’s Director Role Grows At Cambridge & Counties

Cambridge & Counties Bank has appointed Simon Lindley to the new position of Commercial Director to oversee all of the niche Bank’s lending. Simon joined Cambridge & Counties as a Business Development Manager at its 2012 launch and was subsequently asked to head up the area responsible for all its property backed lending. His new role also encompasses Cambridge & …

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Cambridge & Counties Banks On Leicester For New Registered Office

Cambridge & Counties Bank has changed its registered office to New Walk in Leicester – home of its headquarters and the majority of its staff. The switch is described by the niche bank as a statement of its commitment to Leicester, growing its head office by adding new staff drawn from the talented pool of people in the county. Mike …

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Cambridge & Counties banks on new Cambridge office

Cambridge & Counties Bank has a new Cambridge office to better serve its business and property investor clients in Cambridgeshire and East Anglia. The niche property bank is moving from Castle Street in the city centre to Compass House in Histon, improving the Cambridge team’s ability to visit customers and finance brokers and to welcome them to its offices. Sue …

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West Mids Buy to Let & Commercial Property Outlook

Prices for Buy to Let and commercial property in the West Midlands look set to rise in the next five years, according to a poll of finance brokers and business advisers by the niche property bank Cambridge & Counties. West Midlands brokers, surveyors, accountants and lawyers took part in the survey by the Bank at the event marking the opening …

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Niche Bank ‘Open for Business’ in Birmingham

The niche Property and Asset Finance bank, Cambridge & Counties welcomed brokers and other business finance and legal professionals to a celebration of its new Birmingham office. More than 50 members of the West Midlands business community gathered at The Laurent Perrier Champagne Bar on the 25th Floor of The Cube in Birmingham city centre. They were welcomed by the …

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Cambridge & Counties Bank Reports Record Year End Growth

Fourfold increase in PBT to £10.2m for the year ended 31 December 2015 Total deposits grew to £472m; a 21% increase year-on-year Over 1,600 new deposit customers Loan book up 66% year-on-year to £416m Total assets grew to over £500m Return on investment of 26.0% New Birmingham office opened to expand Midlands coverage Customer satisfaction maintained at 99% Strengthened senior …

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Business Bank is Champion at Investing in Environment

The business bank Cambridge & Counties is a double winner at the national Investors in the Environment (iiE) Awards. The bank, headquartered in Leicester, won the Great Green Star and Best Green Champion awards at a ceremony in Peterborough. The iiE green accreditation scheme recognises the resource efficiency of businesses – rising from Bronze and Silver levels up to the …

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Niche Bank Builds Up Asset Finance Team

The niche bank Cambridge & Counties’ asset finance team is now ten-strong and shaping up for growth in 2016, with recent arrivals bringing decades of experience. Cambridge & Counties launched into asset finance in summer 2015 and has now substantially expanded the team to increase the number of brokers it can work with and the companies it can provide finance …

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Business Bank Boosts Teams for 2016

The business bank Cambridge & Counties kicks off 2016 with a new leader for its East Midlands Real Estate team, an expanded South West and Wales team and a recently opened office in Birmingham. Cambridge & Counties Bank begins the New Year having lent more than £425 million to small and medium sized businesses and experienced property investors. The East …

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And on the 8th Day the Bank Approved the Loan

Cambridge & Counties Bank has been praised by a Staffordshire property company for a rapid eight day processing of a six figure loan application. It’s the second loan the Bank has given to Timec 1395 Limited. The first, for a seven figure amount and also approved in days, enabled it to buy a 220,000 sqft factory on a 13 acre …

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Bank Staff Full of Christmas Cheer for Age UK

Cambridge & Counties Bank has donated a Santa’s sleigh worth of gifts and useful items for older people in Leicestershire and Rutland and thrown a Christmas party for pensioners in its board room. Members of Age UK Leicester Shire & Rutland’s Orchid Group were welcomed to the Bank’s HQ on New Walk by staff volunteers who had organised the four …

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Business Bank Opens Birmingham Office

The Business Bank Cambridge & Counties has opened its first Birmingham office, at Colmore Circus, to service its growing customer base in the West Midlands. Cambridge & Counties Bank, which launched in 2012, offers property-based lending and asset finance via brokers and direct to SMEs and property investors. The Birmingham office at Colmore Plaza is being led by Neil Reddington, …

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Lodge is Refurbished with Business Bank’s Loan

One of Cambridge & Counties Bank’s first refurbishment loans has seen an empty lodge modernised into a handsome home on the Firbeck Hall estate in South Yorkshire. The £280,000 project has brought Firbeck’s West Lodge back into use. It was quickly rented thanks to its conservation exterior looks and stunning contemporary interior. The Lodge’s owner, Jason Cooper of Georgia and …

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South West Team Expands at Property Lending Bank

The specialist property bank Cambridge & Counties has welcomed Anneka Lee to its growing South West and Wales team. Anneka joins director of business development Paul Howard and business development manager Nigel Key in the Bristol-based team, which has moved to bigger offices as it grows its customer base in the region. A Bristolian, Anneka has previously worked in the …

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£1,000 Donation for QMC Neonatal Families

Bankers and finance brokers have donated £1,000 to the neonatal intensive care unit at Nottingham’s QMC after hearing about the amazing care one broker’s prematurely born son received from the staff. Commercial finance broker Darren Willoughby, from Burton on the Wolds, inspired the impromptu collection at a Cambridge & Counties Bank event at Stapleford Park and then topped up the …

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Bank Staff’s Hard Graft at Barley Croft School

Twenty staff from Cambridge & Counties Bank spent a day improving and developing the vegetable allotment and a play area at Barley Croft Primary School in Beaumont Leys. It was the Leicester headquartered bank’s first team challenge for the business volunteering charity Leicestershire Cares. The volunteers took a day out of the office to dig, hoe, weed, prune and paint to …

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Bank Tops £350m Loans on Third Birthday

Challenger business bank Cambridge & Counties has celebrated its third birthday in Leicester with news that its lending has topped £350 million. The Bank, which launched in June 2012, has also seen SME businesses and other organisations deposit more than £400 million. Chief executive officer Mike Kirsopp and the staff at Cambridge & Counties Bank welcomed clients, brokers and advisers …

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Brokers Celebrate with Cambridge & Counties

Dozens of brokers who have helped Cambridge & Counties Bank break through £300 million of lending have been thanked at an annual celebration of teamwork. More than 30 brokers from across England and Wales were welcomed to Stapleford Park in Leicestershire by Bank directors and staff. Brokers have played a key role in introducing small and medium sized businesses to …

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Cambridge & Counties Bank Reports Strong Annual Growth

Cambridge & Counties Bank has announced a strong increase in business for the year ended 31 December 2014.

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One in Three Business Deposit Accounts Pays 0.1% Interest or Less

New research from Cambridge & Counties Bank reveals just under a third (31%) of business deposit accounts are paying 0.1% Gross/AER or less on balances of £10,000

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Business Bank Builds Team for Growth

The property finance provider Cambridge & Counties Bank is gearing up for growth across the country, hiring new team members in Leicester, Sheffield and Bristol.

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