Case Studies

Grant funding results in successful expansion for Argyll financial firm

Argyll Financial Services used Business Gateway’s Local Growth Accelerator Programme.

18th February 2020

About the business

Operating in Dunoon and Oban, Argyll Financial Services provides practical and tailored financial advice across a range of services including investments, savings, mortgages and protection.

Working with Business Gateway, we received the much-needed funding advice that we have been after, resulting in our business being able to grow rapidly and take the next step forward with confidence.

How Business Gateway has helped

Argyll Financial Services recently moved into upgraded premises for a new fit-for-purpose office space, supported by a Growth Grant from the Business Gateway Local Growth Accelerator Programme, funded by Argyll and Bute Council and the European Regional Development Fund.

Ian Cairns, director of Argyll Financial Services said: “Working with Business Gateway, we received the much-needed funding advice that we have been after, resulting in our business being able to grow rapidly, taking the next step forward with confidence.

“The grant enabled us to refurbish our new, larger premises to a very high standard much quicker than I had ever anticipated. Business Gateway also supported us with a grant towards a stand at the Ideal Home Show, which gave us an excellent opportunity to reach a wider audience.”

Barbara Halliday, Business Adviser at Business Gateway Argyll and Bute said: “The firm’s new, larger premises will allow the business to grow and, even in the short time since they have taken up residence, develop their brand awareness, professional credibility and PR exposure.”

Support provided

1:1 business adviser support

LGAP trade fair grant

LGAP growth grant

The Business Gateway Local Growth Accelerator Programme is funded by Argyll and Bute Council and the European Regional Development Fund 2014-20 Structural Funds Programme, with a total programme value of £855,239.

What’s next?

The new office space has resulted in Argyll Financial Services growing its overall head count to five members of staff and has been instrumental in increasing local networking opportunities and brand awareness. With increased space to service the growth of new clients, Argyll Financial Services looks forward to implementing streamlined and more efficient systems, as well as aiming to increase overall turnover.

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