CFH eyes growth after securing new banking partner

UK-based CFH Total Document Management is continuing to drive forward with expansion after signing a new funding deal with Clydesdale Bank. The agreement allows the business to continue to “significantly increase development of its Docmail fulfillment service, which since 2008 has grown over 20% per quarter, now turning over more than £3m per year”.

Docmail was launched in 2008 to bring the benefits of low cost easy-to-use post to all sizes of business. It provides a complete postage solution for the same price as franking a letter and takes away the time costs involved in mass mailings, the company said.

Through Clydesdale Bank’s Investing for Growth initiative it provided CFH with a “streamlined and effective client management service”.

Dave Broadway, managing director of CFH said: “As a £28m business we have particular needs and support requirements and we felt that we needed better, more cohesive support from our banking partner, with a single point of contact for Asset Finance, Invoice Finance and Banking. With Clydesdale we have just one partner contact and everything is handled through them. It makes doing business with Clydesdale Bank that much easier.”

Ian Harris, business partner at Clydesdale Bank Financial Solutions Centre said: “We were pleased to be able to assist CFH with its continued growth. At Clydesdale Bank we pride ourselves on our streamlined approach to business and are happy to be able to provide this to CFH. We look forward to continuing this support as the company expands even further.”