A stamp of approval from the Stoke-on-Trent Business Loan Fund signals a bright future for a local branding, digital and design agency.
Exesios Ltd have supported clients for over 17 years and initially approached the city loan fund after finding it difficult to secure finance from a high street lender.
The Trentham based company specialises in branding, digital advertising, digital design, website development and photography, and highlighted a need for additional funding to create two new full-time jobs and improve cash flow.
After meeting the directors to discuss their proposals, the Stoke-on-Trent Business Loan Fund reviewed the company’s needs and offered its support.
The Fund, run by Stoke-on-Trent City Council and BCRS Business Loans, was specifically set up to support local small businesses that were unable to access finance from traditional lenders. Loans from £10,000 to £50,000 are available for businesses operating in most market sectors.
Paul Brammer, managing director of Exesios Ltd, said: “I would have no hesitation in recommending BCRS and the Stoke-on-Trent Business Loan Fund; it was a life-saver for us! After our suppliers hiked their prices, we needed this facility in place to fulfil orders.
Eleni Brammer, also a director, added: “Benefitting from both an artistic and business background, our team produce stunning, high quality design solutions; on budget and on brand. We are proud to have a high retention of clients – some being big, household names. They like what we do and we care about their needs.”
Zoe Wilkinson, who is the loan officer for Stoke-on-Trent and Staffordshire, was impressed with Exesios from their initial face-to-face meeting.
She said: “As soon as I met Paul and Eleni, I could see that they were talented business people and had a skill for using their artistic background to create distinctive pieces of work. They have built an excellent business with a talented team, efficient processes and a strong focus on meeting their clients’ needs.”
Paul Kalinauckas, chief executive of BCRS Business Loans, said: “I am delighted to see that another growing business has received the funding it deserves. For us, no viable business should go unsupported – we realise how important they are in building a strong economy. We believe in SMEs and are proud to offer a relationship-based approach to lending.
Councillor Janine Bridges, Stoke-on-Trent City Council’s cabinet member for economy, said: “It is fantastic news that Exesios has seen its business strengthened by accessing this much needed finance.
“Many businesses have difficulty in raising the capital to invest and grow, and in some cases even to fund ongoing operations. The Stoke-on-Trent Business Loan Fund aims to help stimulate business growth, and create the jobs that the city needs.”
To discover more about the Stoke-on-Trent Business Loan Fund and BCRS Business Loans either visit bcrs.org.uk or call 0345 313 8410.