No Sitting Around for Furniture Company
A Midlands-based business has managed to save several local companies from relocation after securing a funding package from Lloyds Bank. Heartlands Group, which owns Heartlands Furniture and commercial premises in the area, switched their banking to Lloyds Bank and secured a loan facility to refinance debt on several premises which house their own furniture businesses, while also securing the commercial property arm of their business.
They rent out premises to several local traders in the area, including a wholesale grocer, a printing firm, and a pound shop supplier.
Switching our banking facilities over to Lloyds Bank has meant we now have the opportunity to grow. Paul and his team have been very accommodating and have given us plenty of support with setting up our online banking facilities, and providing a credit facility should we need to use it.
Saleem Shareef, Managing Director, Heartlands Group