Rochdale-based car finance firm Marsh has more than quadrupled its floor space following a council-backed move to the Victorian Crossfield Mill.
The company, which works with major car firms like Stonecare, Arnold Clarke and Evans Halshaw, has spent £1.7 million buying and renovating the mill on Crawford Street.
Rochdale Borough Council offered the company business rate relief for six months and a grant to help finance the move, which has created 10 new jobs in a variety of roles including IT, sales and collections.
Having moved from a smaller premises just off Chichester Street, the company’s floorspace has increased from under 4,000 sq ft to 22,000 sq ft.
The firm is now looking to double its workforce to 120 over the next five years.
Andrew Marsh, managing director of Marsh, says: “I’ve always lived and worked in Rochdale, so it was the first place I looked when we outgrew our old base. We’ve got big plans for the next five years and we want to stay in Rochdale as we do that.
“We’ve got excellent transport links here and a fantastic workforce. More than 90% cent of our staff live in the borough and we’ve always recruited talented people here.”
The company, which also counts the makers of elite sports cars among its clients, is now looking to expand into the overseas market, with plans to open a new business to offer car finance to customers in Ireland.
Councillor Richard Farnell, leader of Rochdale Borough Council, adds: “The fact that Marsh has moved into a building with space for the additional 60 staff they’re looking to recruit is testament to the confidence they have in Rochdale as a place to do business.
“I also think it says a lot that they’ve chosen to stay in the borough as their business has grown and become more successful and have invested close to £2m.
“Marsh is certainly in the fast lane and I Iook forward to more of our residents getting jobs with them in the future.”