Lincoln

From banker to broker: Local entrepreneur launches new finance firm

A well known local banker, Rachel Pringle will be opening her own commercial brokerage entirely focused on sourcing finance for SMEs to large corporations.

Rachel, formerly of Handelsbanken Lincoln, has joined forces with Thompson & Richardson Financial Services on Doddington Road to launch Thompson & Richardson Commercial Finance Ltd.

As a business graduate from the University of Lincoln, Rachel has been in the banking industry for the last 15 years mainly working in Lincolnshire but also in senior posts in Birmingham and Canary Wharf.

Thompson & Richardson Commercial Finance Ltd aims to serve the East Midlands SME community with independent advice on sourcing appropriate and competitive financing deals to meet any businesses needs.

Rachel said: “I am absolutely thrilled to be able to help businesses in any capacity needed through sourcing a range of financial solutions, to include business loans/overdrafts/development finance/asset and refinancing or just to act as an intermediary between themselves and lenders for new financial requests.

“Since the financial crisis, the process now is much more detailed and time consuming. My aim is to source the best possible deal for the client and to make the process as smooth as possible.

“I know what lenders are looking for in terms of structure and how to present lending requests to achieve the best outcome.

“This is an exciting opportunity for me and with the backing of Thompson & Richardson Financial Planning who have been serving clients in the county for over 35 years, we feel we can help many of the thriving businesses in Lincolnshire move on to even greater levels of success.”

Andy Dyson, Managing Director of Thompson & Richardson Financial Planning added: “We are delighted to be working with Rachel in establishing Thompson & Richardson Commercial Finance Ltd, which will provide local businesses with a high quality personal service when looking for additional funding or reviewing their existing arrangements.”