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Handyman business secures funding boost

Date added: 24/08/2017





A Warrington-headquartered handyman business that specialises in employing Armed Forces veterans has secured a £250,000 funding boost.

Heroes4Hire Handymen (H4H-H), which was launched by chief executive and ex-RAF serviceman Nigel Blanchard in April 2017, aims to showcase the skills, work ethic and employability of those who have served in the Armed Forces. It has now received a £250,000 commercial finance facility from Bibby Financial Services (BFS).

H4H-H aims to build its workforce to 108 fully trained veterans by December 2017 and has a long-term goal to employ 1,000 veterans within four years.

With sales growing, the business needed funding to facilitate day-to-day operational expenses. H4H-H selected BFS as its funding partner of choice because of its experience in the construction sector and speed of response.

Blanchard said: "BFS were able to offer the flexibility and construction sector experience we need in order to ensure that our business can continue to flourish. We look forward to working with BFS further as our business grows."

Vinnie Dobie, business development manager at Bibby Financial Services, added: "Heroes4Hire Handymen is a truly unique and ethical business that combines the support of ex-servicemen and women through training programmes and a variety of high-quality maintenance services.

"Their business model is one-of-a-kind, and we're delighted to support their growth. It's incredible to think that the business was only launched in April 2017.

"Now that H4H-H has funding in place, they're no longer limited by cash-flow restrictions and we look forward to seeing continued growth and successes in the future." 

Read more at insidermedia.com



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