AN AWARD-WINNING finance group has signalled its long-term commitment to Chester by signing a 10-year deal on its premises just outside the city.

The Funding Corporation, which started life in Chester almost a decade ago, employs about 240 full-time staff, 160 of whom are located at International House on Chester Business Park.

Now the group has agreed a 10-year extension on the lease of its headquarters, and has started on a £150,000 re-fit of the 14,000sq ft premises to allow for continuing development.

Managing director David Challinor, says The Funding Corporation’s decision to remain in Chester was also influenced by the prospect of being able to draw on many different types of locally available skills:

“We’ve built up a fantastic staff team here, from young trainees to experienced finance professionals, many of whom were already based here in Chester,” said David.

“In fact, we have also linked with West Cheshire College to provide training opportunities and work experience for students who would like a career in the financial services sector.

“We are wholly committed to Chester, and that is why we had no hesitation in negotiating a renewal of our lease which will take us to 2020 and beyond,” he added.

The company provides motor finance for people whose credit status might have been damaged by previous loan repayment problems.

The Funding Corporation's ethical business policies were highlighted in May when it was named Britain's Most Responsible Lender in this year’s Credit Today Awards.