Former banker launches own commercial finance business

A South Yorkshire finance specialist has launched his own commercial finance business to deliver a range of business finance services to SMEs across the Sheffield City Region.

Jamie Baggaley, based on the Waverley development in Rotherham, has launched J&J Commercial Finance, with support from the council-backed Launchpad project.

By advising on financial products such as commercial mortgages, development finance, bridging finance, business loans, and asset & invoice finance, J&J Commercial Finance works to find businesses the right lending solutions tailored to their individual requirements.

Baggaley said: “Having worked in banking all my life I’ve seen how the banks have changed, from the 2008 ‘credit crunch’, through to the ever changing branch network. Through my experience of working with major banks, such as Halifax and Lloyds, I’ve seen how both sides of the bank works from managing a brand to working in central functions, supporting specialist divisions.

“This has enabled me to set out our value proposition to managing directors and finance teams who are responsible for performance and insight, as I have seen first hand the challenges they face, and how important it is for them to be able to access the services of a knowledgeable and straight talking commercial finance broker.”

Commenting on setting up his business, Baggaley added: “The customer interaction is something I have missed recently with my in-house banking roles becoming more head office focused. Setting up my own business allows me to work with customers again, to forge strong and lasting professional relationships, and utilise my network of trusted partners.

“At J&J Commercial Finance we work with businesses to find the right lending solutions for them. We are an independent Commercial Finance Broker that has access to over 250 lenders. With such a broad range of finance options we are able to create the right package for our customers.”