Quick facts
Business loan of £101,500
Business: Construction
Location: Morecambe
Purpose: To purchase equipment and parts
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Southampton based Vision Scaffolding solutions used a loan of £100,000 to purchase new equipment
GBS Scaffolding Services Ltd
Morecambe-based GBS Scaffolding are an expanding firm of experts. From small beginnings in 2012 the company has grown and diversified into areas such as fire recovery access and property insurance restoration.
With a can-do attitude and an eagerness to succeed tempered by in-depth industry knowledge and careful accounting, GB has proven itself adept at making the most of opportunities. With increasing demand for scaffolding and the potential to diversify further, GB needed financing to help them drive the company forwards.
The loan of £101,500 over 60 months from FundingKnight enabled them to increase their stock of scaffolding equipment, particularly parts like stair flights and brick guards which are the most expensive to cross hire. It was also used to improve the company’s IT systems and increase the fleet of vehicles for transporting both men and materials to site to enable them to work on a greater number and size of project.