The funds will be used by Furnley House to develop its product and service offering and allowing the firm to expand its team.
Leicester-based Furnley House Limited, a firm of independent financial advisers and mortgage brokers, has received a £200,000 investment from the Midlands Engine Investment Fund (MEIF).
Delivered by Maven Capital Partners, the funds will be used by Furnley House to develop its product and service offering and allowing the firm to expand its team with an additional 12 jobs.
Neil Haley, director at Furnley House, said: “We are thrilled to receive funding from MEIF Maven Debt Finance. This is a really exciting time for the business and the investment will enable us to continue growing at a rapid rate by giving us the opportunity to hire additional advisors and support staff.
“We’re a business that lives by our values with client centricity being our main focus. Everything we do is with clients in mind, the firm’s growth plans aim to improve products, services and the overall client experience which will help us maintain high retention rates.”
Furnley House provides both business and private clients with a range of services from mortgage broking to investment advice.
Jonathan Lowe, investment director at Maven, said: “We are delighted to help Furnley House achieve its growth plans and continue to contribute to economic development in the East and South-East Midlands.”
(L-R) David Tindsley, investment manager; Sajid Sabir, investment associate; and Jonathan Lowe, investment director; all at Maven Capital Partners
