Newly launched Redwood Bank has officially opened its Warrington office.
The business bank – which launched in August – aims to offer an alternative for SMEs in and around the Warrington area, with its new office leading the banks' lending in the town and the North West region.
Redwood Bank provides loans to local business owners – secured on their commercial property – together with loans to professional landlords secured on their residential or commercial investment properties.
The bank has also launched best buy online notice savings accounts for businesses, clubs, societies, associations and charities.
The bank's products are supported by a personalised, relationship-driven service.
Gary Wilkinson, CEO and co-founder of Redwood Bank, said: “We are delighted and proud to be open for business and to launch Redwood Bank Warrington and to confirm our commitment to helping local businesses thrive.
“I would like to take this opportunity to thank the Warrington community for welcoming us into your town and we look forward to helping local businesses unlock their full potential.”
Warrington Borough Council is a major shareholder in the bank in what is claimed to be a unique public-private partnership.
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