North East Commercial Finance Boutique Expands to Tees Valley

May 1st 2024

Award-winning North East commercial finance boutique CCBS Group has opened its first office in Tees Valley, highlighting its commitment to supporting SMEs in the region.

The new office at Hastings House in Stockton will provide a base for the 6-strong team to support clients in Tees Valley and Durham and is in addition to their office in Newcastle-upon-Tyne where the business was established 10 years ago.

Peter Cromarty, Managing Director at CCBS Group, said: “This year we’ve made a commitment to Tees Valley so we can support businesses as they navigate the opportunities and challenges in the region like the Teesworks development, the Freeport and upcoming mayoral and national elections which may change the landscape yet again.

“We’ve seen a rise in business owners needing support with working capital so that they can capitalise on the opportunities on their doorsteps but we’re also seeing SMEs with very complex financial situations who need specialist support to take their next steps. We’re looking forward to getting to know our new neighbours and building strong relationships with both existing and new clients and intermediaries south of the region - so if you’re in the area, our door’s always open for a chat and cuppa.”

The new office is located at Hastings House, 5 Falcon Court, Preston Farm, Stockton on Tees, TS18 3TS.