6 minute read
Dennison Commercials celebrate 50th anniversary
Dennison Commercials Celebrates 50 Years in Business with Charity Pledge
Dennisons has pledged to raise £50,000 for charity in its 50th year of business.
Starting in 1970 as a small family business, today, Dennisons operates across six sites throughout Northern Ireland with circa 250 staff, providing a wide range of specialist services across multiple sectors.
A family of businesses working together, Dennisons now offer Volvo new and used truck sales, John Jenkins, Managing Director of Dennisons along with Fiona McCann, Corporate Engagement vehicle rentals, a commercial Executive of Northern Ireland Children’s Hospice. bodyshop, service and parts supplies, commercial vehicle breaking and more recently, Dennisons has opened Dennison JCB – a JCB dealership providing sales, parts and service to the north of Ireland including Donegal. Fundraiser for Northern Ireland Hospice, thanked Dennisons, stating: “We are the only Children’s Hospice in Northern Ireland. We care for children of all ages, from help us to continue to provide vital care services for children, as well as giving families the opportunity to rest and enjoy the time they have together.” To mark their golden anniversary, staff will take part in a series of babies to teenagers who have life-limiting and life-threatening conditions or who need our John Jenkins, Managing Director of Dennisons, added: “Celebrating 50 years in business is a very fundraising events in 2020 for Northern Ireland Children’s Hospice. support at the end of their lives. We are very grateful to Dennisons; ‘‘With FORS, we are ahead of the game’’ important milestone for us, and we wanted to do something special to Fiona McCann, Corporate this fundraising commitment will mark this momentous occasion. Seamus Deighan, Deighan Transport Owner
We gave our staff the opportunity to choose a new charity to support for 2020 and Northern Ireland Children’s Hospice was the clear winner. “It seemed quite fitting to try to raise £50,000 in our 50th year to support this wonderful charity who carry out fantastic work across Northern Ireland. “As we reflect over the last five decades, Dennisons is a story of great achievements in the past and future innovation; it’s a story of our incredible staff working together to achieve the highest standards in our industry and, above all, the support from our wonderful and loyal customers. We look forward to celebrating our anniversary throughout the year as we tell the story of Dennisons.”
Donate
To donate to the challenge, visit Dennisons JustGiving page - https://www.justgiving.com/ fundraising/dennisons, or email, Amanda.gaston@dennisons. co.uk, for more information.
‘‘FORS puts us ahead of the game’’ Seamus Deighan, Deighan Transport Owner
FORS is now established as the go to best practice accreditation scheme for operators of any description. After a progressive training programme for managers and drivers, FORS members are able to demonstrate exemplary levels of best practice, consistently delivering high levels of efficiency, environmental protection and, above all, safety.
For a safer, smarter, greener future, get on board with FORS.
SAFER SMARTER GREENER For more information, visit: www.fors-online.org.uk 08448 09 09 44
Adrian Madden Head of Asset Finance Sales, Ireland
CLOSE BROTHERS COMMERCIAL FINANCE OFFERS SUSTAINABLE FUNDING FOR COMPANIES ACROSS IRELAND
Since Close Brothers Commercial Finance began operating in Ireland over ten years ago, we have been leading the way towards more sustainable funding for Irish SMEs. Our asset finance, invoice finance and asset based lending solutions can offer firms across the country more flexibility in managing their cash flow.
Today, with offices in Belfast, Dublin, Cork and Galway, and a wider team situated across Ireland, we are able to share our expertise more effectively than ever before. Our goal is to support businesses. We work in a range of sectors and appreciate the differences in the way businesses operate. In transport and related industries, a common challenge is that working capital is locked up in machinery or vehicles. This often means that there is limited headroom to adapt, and whilst delivering business as usual may be achievable, it can be difficult or almost impossible to drive new levels of productivity without access to cash for reinvestment. To grow and succeed, owners need to put time, experience and money back into their businesses, but how does a company with pressures on cash flow achieve this?
Refinancing solutions
A refinancing solution can help. This type of funding gives you access to cash tied up in essential assets, such as lorries and trailers. At Close Brothers, we release working capital against the value of your asset and lease it back to you over an agreed period. This gives you immediate access to funding that might otherwise be inaccessible, and at the end of the agreed refinancing term, you own the assets outright again. Our alternative finance options are designed to give you access to working capital without limiting access to assets or interrupting workflow. We can arrange for repayments to match income patterns (for instance, seasonal peaks and troughs) and, if you already have finance agreements in place, we can refinance existing debt to reduce monthly outgoings and ease cash flow. We offer a flexible range of financing options tailored to your needs. The Close Brothers team has comprehensive knowledge of the transport industry and extensive experience providing sustainable funding. We aim to give businesses growth opportunities. We can help you find an affordable way to secure the new assets you need to grow by arranging a bespoke refinance package.
£340,000 refinance deal
Last year, we secured a refinance solution for an Irish company. Speaking about the deal, Head of Sales Ireland at Close Brothers Commercial Finance, Adrian Madden, said: “The company in question needed to borrow just over £340,000 and were keen to find funding which wouldn’t impede cash flow or day-today work. We suggested refinancing which would release funds back into the business. “The solution allowed the firm to invest in a new vehicle, and take on new contracts in the private sector, without being encumbered with unsecured debt. “We refinanced existing assets to give them the money they needed and offered a structured plan with tailored repayments which matched their income pattern. “This gave the business the best of both worlds: they benefitted from uninterrupted use of the asset and were able to spread the cost over a longer period.” Whether you need to invest in new equipment, refinance old machinery, or free up cash to future proof your company, we can help.
Close Brothers
Close Brothers is a UK merchant banking group providing lending, deposit taking, wealth management services, and securities trading. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250. Close Brothers Commercial Finance is a trading style of Close Brothers. Our core purpose is to help the people and businesses of Britain and Ireland thrive over the long term. To achieve this, all of our diverse, specialist businesses have a deep industry knowledge, so they can understand the challenges and opportunities that our customers and clients face. We support the unique needs of our customers and clients to ensure that they thrive, rather than simply survive, whatever the market conditions. Visit our website to find out more: https://www.closecommercialfinance.ie/
