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Dundee Expansion Marks Third Anniversary

Dundee Expansion Marks Third Anniversary


A rising star of the finance sector has continued its third anniversary celebrations by announcing expansion into the Dundee market.

Aberdeen-based Drummond Finance has recently welcomed experienced commercial banker Steve Ayre to the team to enhance activities and expand its corporate footprint into Dundee and the surrounding area.  A well-known figure in the city, Steve’s local knowledge and experience across a range of sectors will be crucial in supporting the funding needs of local businesses.

Drummond Finance is headed by Managing Director Alex Drummond and helps a range of SMEs to secure finance by representing them and their interests to prospective lenders. Combining decades of extensive knowledge gained with major banks, Drummond Finance assists clients with the sourcing and securing of all types of commercial finance, including growth finance, working capital, property investment and development. Drummond Finance has access to a portfolio of more than 150 commercial lenders resulting in greater choice and flexibility in how funding can be sourced and secured for local businesses.

Commenting on joining the team at Drummond Finance, Steve Ayre said: “There is a huge gap in the market for a large number of businesses who no longer get access to a traditional face-to-face relationship.  Drummond Finance ably fills that void and I look forward to using my commercial banking experience, and a full suite of options, to engage with the local business community and help businesses to grow.”

Alex Drummond added: “With Steve’s help, we will significantly grow our reputation by being a trusted partner within the local business community and the commercial finance sector.  If more local businesses get more opportunity to meet an experienced banker face-to-face and have greater access to funding, there is greater potential for those businesses to thrive and grow as a result.”

Aberdeen-based Drummond Finance was shortlisted in the Coronavirus Business Interruption Loan Scheme (CBILS) Broker of the Year category at the Commercial Broker Awards 2021.  This recognises the brokerages which best utilised the precursor to the Recovery Loan Scheme to provide a vital lifeline to businesses impacted by the Covid-19 pandemic.

To find out more about Drummond Finance, call (01224) 392345, email or visit  Alternatively email or call (07887) 838384.

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Published: 02-12-2021

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