Sterling Capital Reserve Ltd (SCR) was established in 1999 by David Griffiths in order to offer the services of a commercial finance brokerage to the professional arena.
David qualified as a chartered accountant in 1990 with Ernst & Young, before moving on to become corporate finance partner at National Accountancy Practice.
After a period of time in lead advisory for Management Buy Outs, Corporate Acquisitions and Mergers, David set up a new brand (SCR), in order to offer corporate finance services to a number of accountancy practices that didn’t have the skill base in house.
Corporate Finance advice is typically aimed at SMEs with turnover between £500k and £5m. Often this sector falls below the radar of many of the corporate finance departments of accountancy practices.
Over the last 10 years, David has also established SCR as one of the leading commercial finance brokerages.
The brokerage side of the business employs nine professional staff that arrange commercial mortgages, development finance, asset finance, factoring and trade finance.
As brokers SCR are able to utilise the services of many niche lenders that are only accessible through established commercial finance brokers. SCR are therefore in an ideal position to assist clients with future funding requirements and blend the different products available to suit each client’s requirements.
David is a great advocate of using individuals to assist in lending to businesses, having already set up Strata Finance Ltd, a mechanism whereby individuals lend behind banks against property.
In June 2012, David Marshall joined the SCR team in order to further develop the ThinCats proposition. David joined after 21 years in the NatWest/RBS group in the East Midlands, the latter two years in the Specialised Lending department, assisting clients in varying degrees of distress.
SCR are based in Nottingham, and have recently opened an office in Sheffield: The Quadrant, Parkway Business Park, Sheffield. S9 4WG. telephone: 0114 2245511
SCR are ideally located to look at assisting businesses in the East Midlands and Yorkshire regions.