The team, led by regional director Martin Guildford, comprises nine staff who service clients based throughout the eastern counties.
He said: “The East of England has a thriving business community based in a broad range of industries ranging from manufacturing, food and drink, recruitment, energy, agriculture and hi-tec industries.
“About two-thirds of our existing customers in the region are typical small and medium sized businesses with a turnover of up to £10 million.”
Guildford added that business owners are waiting for the economy to pull out of recession so they are eager to find ways to strengthen their cashflow and finance their future expansion.
He added: “That is precisely what Aldermore can help them do and contrary to the view that banks are unwilling to lend I can confirm that we have plenty of funding available and are more than happy to work with businesses to create a sensible financial solution for their needs.”
Aldermore has local teams of managers authorised to make lending decisions based on their knowledge of the region. Each application is assessed on its own merits and clients have direct access to local staff who they can talk to about their finances on a daily basis.