Huddersfield stairlift firm reaches new heights with £100k investment boost
A Yorkshire-based stairlift manufacturer has secured a six-figure investment to create new senior roles and invest in new technology.
Bespoke Stairlifts has secured £100k loan funding from Finance For Enterprise and the Northern Powerhouse Investment Fund (NPIF).
The firm plans to use the loan funding to create four senior roles in the business, as well as investing in a new assembly line in order to meet growing demand.
Gavin Finn, managing director at Bespoke Stairlifts commented: “In recent years, we’ve enjoyed significant growth in a number of international markets.
“However, successive lockdowns in countries around the world have affected our business considerably and placed significant pressure on our cashflow, as a result of delays in our supply chain.
“We recognised that it was vital for our business to take steps to adapt to the changing marketplace, enabling us to tap into the growing demand for our products, whilst restructuring our operations to help us operate more effectively. “
He continued: “We knew some additional funding would be required, and after spending time researching our options, we reached out to Finance For Enterprise for advice. The support we received from Jeremy was terrific.
“He kept us updated throughout the loan application process, and I was amazed by just how quick and straightforward the application process was, which enabled us to act swiftly.
“As a direct result of the funds we secured, we’re on track to enjoy one of our best year’s trading to date, as well as helping us to lay the foundations for future growth.”
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