KGB sees 30% rise in volume

KGB Packaging has seen a 30% rise in the volume of cases submitted by brokers during the past month, compared with its monthly average for 2008 so far.

The company has recruited BDMs, who are now trained and out in the field, and has recently invested in technology to provide a faster and more effective service.

Rachel Bancroft, managing director of KGB, says: “We are delighted to report an increase in business levels at a time when volumes are down overall across the industry.

“Although the number and choice of sub-prime products has greatly reduced, we believe that the market conditions are driving many more brokers to use the packager route for their cases.”

She says this is because KGB can give brokers access to the remaining lenders that are offering suitable products.

Bancroft adds: “We believe that the packaging sector should take a more positive stance about its own position and that more distribution firms should become active in promoting the benefits of their services to the broker community.”