| Business Banking |
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March 2008 LB Group is an established firm of Chartered Accountants and business advisors with offices in Colchester, Chelmsford and Stratford. LB Group is an ambitious firm that is well equipped to serve the needs of clients throughout the East of England. What sets LB Group apart from many other competitors in the area is the diversity of experience that their staff possess. Many staff members have worked in multinational organisations obtaining invaluable commercial experience that is tailored to benefit their clients. They have worked on "the other side of the desk" and therefore know exactly what their clients need While the provision of accountancy, audit and taxation services are core to the operations at LB Group, numerous other pro-active services are offered to provide a complete package to their clients. One such area of this is the assistance LB Group give to their clients who are looking to finance growth, working capital or other significant actions. External finance is often needed to commence trade, grow a business, acquire a competitor, or simply invest in further machinery and capital. LB Group closely liaises with their clients to produce the required level of documentation (e.g. Business Plans, Forecasts, Cashflow projections, Business Valuations etc) to help achieve their client´s funding objective. This service gives clients the confidence to approach their bank and achieve the most favourable outcome. It is vital that a "get it right first time" approach is taken so that clients are not presenting unrealistic projections to their bankers. Staff at LB Group appreciate the importance of understanding the intricacies of their client´s business, and the markets they operate in. LB Group adds value by adapting their wider commercial understanding to their extensive knowledge of the client´s operations. In producing a business plan for example, years of experience are reflected in the judgement of how comprehensive the plan needs to be, while ensuring that the numerical data contained within is both attainable and reflects the potential of the business. L B Group has a separate Corporate Finance Department that includes John Jardine as a key member. John who has years of experience from his time running the commercial banking business of RBS/Natwest excels in offering clients the expertise in how such funding should be structured, again making their subsequent application to the bank tailored for its purpose.
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