The Winn Group has secured an eight-figure refinancing arrangement with NatWest.
According to the Evening Chronicle, the RTA specialist has struck a deal with the bank as it looks to acquire other firms in the PI space. Finance director Iain Richardson said that new case volumes had grown significantly over the last few years.
“Over the next few months we hope to develop our services and target new markets as we roll-out our acquisition strategy,” he said.
“We chose to move to NatWest as we have been impressed with the bank’s commitment to supporting businesses like ours in our growth opportunities.”
Founded in 2002 by Jeff Winn (pictured), Winn Group now employs 263 people. Last year, the group appointed two new directors to its board, Jo Amos and Michael Warmington.
Winn said that 2015 had been a fantastic year for the group and that he expected it to continue to enjoy success despite the challenges posed by the changing claims management environment.