Pudsey builders' merchants lays foundation for expansion with HSBC funding
Pudsey-based Farmac Building Supplies is set to relocate to a newly purchased site with the after securing a six-figure funding package from HSBC.
The funding will enable Farmac Building Supplies to purchase and relocate to new larger premises in the market town.
The new site offers over 45,000 sq ft of space, increasing the building merchant’s stock capacity to ensure it can respond quickly to demand. In addition, the business plans to expand its workforce over the next three years.
James Beverley, co-owner of Farmac Building Supplies, commented: “We’re very proud of what we’ve achieved at our current Pudsey premises over the last 12 years. To be able to supply such a range of products, whilst maintaining a strong quality of service, has always been our main focus.
“When it came to upscaling operations, it was integral we found a site that could increase capacity and allow us to uphold our values. HSBC’s funding has helped us achieve all of this, and we can’t wait to get started at our new home.”
Jo Dickinson, HSBC’s area director for South and West Yorkshire, said: “Farmac Building Supplies is a well-respected local building merchant. In an industry where quality and service is key, this business has a valuable reputation as a reliable and consistent supplier.
“We’re delighted to able to support their growth and look forward to our future working relationship.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East
Time to stop risking Britain’s family businesses