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LOCAL NEWS BUSINESS CLUB CELEBRATES The Blanch House Business Supper Club, held at the boutique Hotel in Brighton, has celebrated its first anniversary. At their recent meeting, Nik Askaroff, CEO of EMC Corporate Finance spoke about his new book, The Mobile Boardroom, that was co-authored by Julian Clay. Nik spoke about his journey from working in the family textile company and offered fascinating insights on how to grow a sustainable business, and in this issue of PBM, we have an in-depth interview with Nik. The monthly Supper Club Events are for members of the Blanch House Business Club to enjoy an evening of fine dining and interesting talks from a high profile speaker from the Sussex business community on topical business subjects. The suppers are held at Blanch House Hotel, in their Belle Époque room, which is also used as a conference venue and meeting room. There is more information on the hotel’s Business Club and meeting facilities at www. blanchhouse.co.uk.
A NEW LEUMI CUSTOMER Leumi Invoice Finance (South East) has provided a £2m factoring facility to fast growing merchandising company, Keep Me Promotions. Now in its eleventh year of trading, Keep Me Promotions had been supported by one of the main clearing banks. The business enjoyed significant growth, now at ten times the level seen in 2011. There is a growing trend to use Keep Me as the agent for large, high value orders that need to be sourced and imported from the Far East. During the period of rapid growth Keep Me has supplied high value, large quantity orders via its sister company Keep Me Promotions (China) Limited, to clients who require much higher insured limits than those offered by the client’s previous funder. This was the trigger for the business to seek a more suitable finance partner who could better
support the funding needs of a larger company. Kevin Anderson, Director at Keep Me Promotions, commented: “The key reason for the switch was that Leumi were able to source superior credit insurance limits by working directly with the external insurers, and we were able to offer these higher limits to our clients. Furthermore, Leumi’s service fee and discounting charges were more competitive. In summary - a win / win move.” Rob Wakeford, South East Sales Manager at Leumi Invoice Finance added: “Leumi was able to offer a
facility tailored to the rapid growth needs of Keep Me Promotions and we look forward to supporting this successful business.”
“You must either modify your dreams or magnify your skills” 6