Powered access platform specialist, Horizon Platforms, is investing in new staff and equipment thanks to a government funding boost.
Horizon have won a funding loan through the Regional Growth Fund (RGF), with help from Lloyds Bank under the government-backed Funding for Lending Scheme.
Lloyds worked closely with Horizon Platform’s Managing Director, Ben Hirst to secure a funding package that would support the company’s future expansion needs
The grant will enable Horizon to take on an additional 10 members of staff to their current 79 employees. Horizon will invest in an additional 75 new access platforms, with further growth coming from the re-investment of the business’ own profits.
Ben Hirst, Managing Director for Horizon Platforms, said: “We’re delighted that we’ve managed to secure this vital funding. It shows how – with a little help – it is possible for well-run firms to thrive even in a highly competitive marketplace.
“We have ambitious five-year growth plans and the cash boost will help us to expand at an even faster rate than we’d hoped.”
Lee McAllister, Regional Manager HP & Leasing, said: “We have a wide range of guidance and support we can offer to businesses to enable them to pursue their growth plans, tailored to their individual sector, and through schemes such as FLS we are able to offer competitively-priced funding.”
Source: Alumni News