Scottish Grocers Federation has announced that Lincoln Commercial Funding has become its newest corporate member.
Lincoln is a Scotland-based commercial finance broker, providing access to a panel of over 300 approved lenders. FCA regulated, the company specialises in providing fast, impartial and cost-effective finance solutions for retail businesses. The new partnership will give SGF members exclusive preferential fees to support their business aims.
Managing Director Michael Hughes has over 25 years’ experience at Director and Senior Management level within the Grocery industry.
He commented: “I am really looking forward to working with the SGF members to support their business funding needs. Having spent 25 years in the Grocery industry myself, I appreciate the challenges and opportunities in today’s world. We offer free advice to all members with no obligation, and as an exclusive for the SGF members, we have reduced our broker fees significantly to help make finance and funding more affordable for the tight margins this sector delivers. Any SGF member that needs help for refurbishments, new equipment such as fridges or vans etc, or perhaps wants to buy the freehold on their shop can benefit from our reduced rates.”
SGF boss Pete Cheema added: “We are delighted to announce this exciting new partnership with Lincoln Commercial Funding. A key part of the industry recovery from the Covid-19 crisis will be ensuring retailers have access to finance and just as importantly expert advice on finance. Lincoln have put together an outstanding package of targeted offers and support for our members and we look forward to a very successful and mutually beneficial partnership.”
The exclusive support package to retailers includes free advice, reduced brokers fees and specially discounted offers on Refurbishment Finance, Asset Finance, Unsecured Business Loans, Commercial Mortgages, Semi-Commercial Mortgages and Revolving Credit Facilities.
