Member Article

Sale-based The Cadman Group expands in the North West after securing five-figure funding

Sale-based, The Cadman Group, has secured a five figure funding package from The Royal Bank of Scotland (‘RBS’) and plans to expand further in the North West

The company celebrated 150 years in business last year and now has plans to grow the business by building on its subcontracting business.

Cadman Group provide staff to carry out rendering, plastering and installing underfloor heating to a number of projects in the North West and have seen an increase in its workload post the recession.

Managing director of The Cadman Group, Richard Bedford, said, “We have experienced a significant period of growth in recent years and expansion is an area we are keen to address to move the company forward.

“Our current projects are certainly helping us achieve this as well as job creation – we have recently appointed an apprentice plasterer, something we have not been able to do since the recession, and moving forward as we grow we will be employing more operatives to carry out works required.

“RBS has supported us for nearly 25 years and we cannot fault their desire to back businesses with a strong appetite to grow year on year.

“The latest funding package gives us the ability to secure further worth and grow the business, building upon the success of the last 150 years.”

Senior relationship manager at RBS Gavin Elmes said: “The Cadman Group is a prime example of an ambitious North West SME utilising bank funding to drive business expansion. “I wish Richard and the team well as they continue to capitalise on their new contract wins and increase their portfolio, especially in the residential market.”

This was posted in Bdaily's Members' News section by Sophia Taha .