Tuesday, 14 August 2012

Working Capital Partners announced as National Business Awards finalist

Working Capital Partners
Working Capital Partners Ltd has been shortlisted for the Business Enabler of the Year Award at this year’s National Business Awards in partnership with Orange.

Based in North London, the company provides flexible invoice funding for SMEs and growing businesses.

Going up against the likes of Baringa Partners, learnpurple, Newton Europe and Trovus they will battle it out for the prestigious award, with the winner being revealed at the National Business Awards gala dinner held on 13th November in London.

Judge for the category Martyn Hart, CEO National Outsourcing Association, commented “Through its Spot Factoring solution, Working Capital Partners Ltd (WCP) is providing the flexibility and rapid functionality that is enabling SMEs to trade and grow.”

Perry Burns, Managing Director of Working Capital Partners Ltd, said “We are delighted to have been shortlisted for this highly prestigious award, beating much larger organisations to the honour. It is testament to the importance of the alternative sources of funding that we provide to businesses nationwide. We are now financing more than £1m per month and growing fast as the banks struggle to provide the flexibility and service that we are able to provide to the smaller businesses who might otherwise have failed were it not for the facilities that we offer.”

The National Business Awards has today revealed over 150 of Britain’s leading businesses and business leaders as finalists in the prestigious awards programme. Organisations shortlisted include a range of private, public and third sector companies, including National Grid, Marks and Spencer, and London Early Years Foundation.

All National Business Awards finalists represent an annual turnover in excess of £135 billion and collectively employ over 700,000. They cover activities as diverse as digital marketing, international road haulage and logistics, water engineering and life sciences: sectors that reflect key areas of UK capability with high potential for international expansion. The diverse size of the companies entering is also huge – ranging from a business with an annual turnover of less that £50k to high growth and high value companies with multi-billion revenues.

Baroness Virginia Bottomley, Chair of Judges said: “This year has been a challenging environment for British businesses: these finalists demonstrate how companies are succeeding in the current climate through innovation, originality and tenacity. It’s good to see a broad range of companies both in sector and size – an impressive representation of the potential British businesses have. Congratulations to all our finalists.”

The National Business Awards supports Help for Heroes, a charity that offers support and advice for wounded soldiers.

Visit www.nationalbusinessawards.co.uk for a full list of all finalists.

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