Partner Article

First Fix Supplies secures funding to purchase premises

First Fix Supplies has secured a £120,000 commercial mortgage through the Funding for Lending scheme to purchase its premises in Attercliffe, Sheffield.

The company’s director Denis Doyle worked with NatWest relationship manager Graham Nevin to secure the funding.

Originally founded in 2007, First Fix Supplies specialises in solutions delivery for the electrical and mechanical sector of the building industry, stocking a range of branded goods typically needed for electrical containment, air conditioning and pipe work.

With First Fix Supplies quickly growing, Denis sought to purchase the warehouse and offices where the company was based, creating a stable future for the company and allowing it to adapt the property in line with its business aspirations.

Of his relationship with Graham Nevin, Denis said: “I think it’s important to have a strong relationship with your bank manager rather than with the bank itself. I have been working with Graham now for three years, I know he is experienced and I know that he will do his best to help the business in any way he can.”

Graham commented: “Denis has grown First Fix Supplies by offering the very best service to his customers and with Denis at the helm, I know that the business will continue to grow. NatWest is providing new loans to over 4,000 businesses a week and is proud to be supporting ambitious firms like First Fix Supplies.”

Denis bought the company in 2010 with the intention of turning the business around and maximising its potential for growth. Focusing on providing its customers with the very best service, First Fix Supplies has achieved a 100% customer retention rate and has more than doubled its turnover since he took over the business.

This was posted in Bdaily's Members' News section by Mark Lane .