Law firm Geldards LLP, headquartered in Cardiff, has secured a seven-figure refinance package with HSBC UK, to support the enhancement of services, future growth and ‘increased profitability’.
The funding will support the firm’s strategic and geographical growth by expanding several established and emerging practice areas. This includes strengthening the Corporate and Commercial team, which continues to build on its expertise in Employee Ownership Trusts and Business Investment and Restructuring.
Jeff Pearson, Chief Executive of Geldards LLP, said:
“We are excited to work with HSBC UK as our primary banking partner. This partnership grants us the financial agility to fuel our ambitious growth plans and elevate our service offerings for our clients. With our sights set on expanding our company and broadening our business interests, HSBC UK’s refinance package and continued support are vital in realising this vision.”
Simon Williams, Relationship Director, at HSBC UK, added:
“HSBC UK is proud to partner with Geldards LLP during a transformative period for the legal industry. Leading firms like Geldards LLP need the headroom and financial flexibility to evolve its services and stay competitive. This partnership underscores our commitment to providing tailored financial solutions and positions Geldards LLP for strategic growth. We are excited to support its journey in this evolving legal landscape.”
Geldards will also invest in enhancing client services to meet evolving expectations, with a particular focus on the integration of AI tools to drive greater efficiency and improve the client experience.
Geldards LLP has offices in Cardiff, Derby, Nottingham and London, and Nottingham and provides a wide range of legal services to businesses, public sector organisations, charities, and individuals.
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Banner image (C) HUW JOHN, Cardiff 12/11/2020
