GC Business Finance expands loans team to meet start-up demand

GC Business Finance expands loans team to meet start-up demand


Manchester based responsible finance provider GC Business Finance has created three new roles within its lending team to meet the growing demand for alternative finance.

GC Business Finance, which is part of The Growth Company, is welcoming Zack Shaw and Alice Bloor as Loan Officers to the Start Up Loans lending team. Zack joins from specialist lender Together Money, bringing with him extensive industry expertise, and Alice formerly worked in the hospitality sector.
GC Business Finance has delivered Start Up Loans in the North West since 2013 and is also a national back office provider for the programme, which supports new businesses that have been unable to obtain funding through a mainstream lender.

Simon Truby takes up a new position as Senior Loans Manager for the Northern Powerhouse Investment Fund (NPIF) team within GC Business Finance, helping small and medium sized businesses secure growth funding in the micro-finance sector. Simon formerly worked at RBS and within the wider commercial banking sector for over ten years, providing bespoke lending solutions to SMEs and growth businesses. He will also play a key role in driving the NPIF team as it enters a third year of delivering loans of between £25,000 and £100k from the £140m fund.

Chris Hutchison, Head of Lending at GC Business Finance, said: “Our loans team works with some of the country’s most exciting, enthusiastic and entrepreneurial businesses and demand for funding has never been higher.

“Simon, Zack and Alice are joining us in three newly created roles that will really develop and fortify the team and enable us to build on our work supporting businesses at all stages of their growth journey.”