Asset Finance firm, Ethos, has relocated to larger premises to support its strong business growth.
2017 marked a 60% increase in turnover, with the first quarter of 2018 already recording a further 20% growth and a 10% increase in its customer base.
The strategic growth can be attributed to the company’s already established, and very strong presence, in the chauffeur and private hire sectors as well as a growing position in both the prestige (supercar) and agriculture sectors.
Ethos Finance was set up in Harrogate in 2007 by Chris Brown after 20 years in the banking industry. The business now employs eight people, who between them offer customers over 50 years’ collective experience in asset financing.
Chris Brown said:
The new office provides the team with a modern facility which is also a fantastic space for customer visits.
I started the business in Harrogate and the head office will always remain here. Hornbeam Park is a fantastic location, with access to national rail, which is now imperative due to our expanding UK operation.
Myself and the team are delighted with the recent growth especially as it is in line with our strategic ambition for the next two-three years.
We are also delighted that 90% of our business comes from referrals – which is testament to the quality of the service we offer.
We are expanding into new sectors, one of which is agriculture. We look forward to demonstrating our capabilities in this sector, amongst others, to visitors of the Great Yorkshire Show in July.