Accountancy firm sets sights on Notts after securing six-figure funding deal
A South Yorkshire-based accountancy firm is set to expand into Nottinghamshire after securing a six-figure cash injection.
Eyre & Co. Accountants, which currently operates from offices in Sheffield and Doncaster, says it will look to open premises in the Nottingham area after receiving £140,000 from Reward Finance Group.
The company currently has a team of eight people serving a client base of around 500 SMEs in sectors including consulting, law and construction.
It has provided accountancy and business advisory services since 2019, when Claire and Andrew Eyre acquired AR Accountants.
The deal with Reward Finance Group will enable Eyre & Co. to complete the final stage of the acquisition, which will see Claire Eyre take sole ownership of the business.
Trusted Business Partner (TBP) brokered the funding facility for Eyre & Co. in conjunction with Reward’s business development director Harriet Gibbs.
Andrew Eyre, practice manager at Eyre & Co., said: “Dealing with Harriet and Reward was a real pleasure and made what could easily have been a stressful and demanding request, extremely simple and easy.
“Harriet was thoroughly knowledgeable, professional and extremely supportive at every step of the way, a complete change from traditional finance providers and such a refreshing way of working. I wouldn’t fail to recommend her and Reward to anyone, and I am sure they will become a trusted source of support for years to come.”
Gibbs added: “Andrew and Claire have a clear vision for the next chapter for Eyre & Co. with a tremendous opportunity for growth, and we are pleased to be able to support them. The Business Finance solution we have provided was ideal for unlocking their growth potential, enabling them to leverage the value of assets to provide a flexible working capital facility which can be used to realise their goals.”