At a time when it is notoriously hard for businesses to access funding from high street banks, bira bank celebrated its first £1 million pound turnover month in March 2014, a 76% increase on March 2013.
Part of the British Independent Retailers Association (bira), bira bank provides a specialist service with the aim of supporting and enabling independent retailers’ businesses to grow and develop. John Collins, Managing Director of bira bank commented “We’re extremely proud to reach this milestone in turnover. Not only does it signify growing awareness of the bank but much more importantly we are seeing the first signs that members are becoming more confident and choosing to invest in their future.”