Bridging Finance Solutions has committed to invest over £2 million into the expansion of its Wirral based headquarters, as it looks towards further growth.
The short-term lender has taken the decision to retain its original site in Wallasey, Wirral, purchasing, demolishing and developing adjacent properties alongside reconfiguring the existing buildings.
BFS is now in its 18th year of operation and currently employs a team of 25. Under the latest growth plans, the firm expects to take on an additional 17 staff in the coming two to three years, including five apprentices.
Steve Barber, managing director of Bridging Finance Solutions, said: “We are seeing a compound year on year growth of an average 25% and so inevitably we are beginning to outgrow our original home as we build our team to meet demand.
“We took the decision to stay within our original base and invest into our local economy rather than relocate to another business location. In doing so, we are keeping our business local, we are sustaining employment retention whilst creating professional job opportunities and will continue to recruit locally moving forward. This is the largest office investment this town has seen for decades and is of huge importance to the local business community and wider community.”
BFS has appointed architects, Condy Lofthouse, to design the scheme, and Turner Associates as Management Surveyors.
Barber added: “Work is set to begin imminently – this is a project that we’ve been working on now for over two years and has involved extensive consultation, design and planning to make it the right fit for the business and the area. We’ve worked closely with the local council planners who has supported us throughout, welcoming the opportunities this investment brings.
“This is a really exciting time for BFS. We’ve worked incredibly hard to get to the position we are in now. We understand our market and our customer base and we are undoubtedly a national market leader within our focus area. This development marks the next stage for us and provides us with the infrastructure on which to build on.”
