The office is home to a team of business advisers who provide local companies across the South West with help to manage their cashflow and fund their future growth ambitions including MBOs and MBIs, business expansion as well as the acquisition of new assets and purchasing business premises.

David Parsons, Aldermore’s regional director for the South West and Wales, said: “We’re delighted to have established a base here in Bristol and are looking forward to working closely with businesses throughout the South West and South Wales, which are important economic regions and provide an excellent base for expanding businesses.

“Our Bristol office is home to a team of local business development and client management staff who live and work in the region and who have local authority to make lending decisions on a local basis. We have a low manager to client ratio to enhance our client service and have ambitious plans to recruit further staff over the coming months.

“Aldermore is a new generation of British challenger bank, which is championing the cause of hard-pressed business owners throughout the country.”