Market Leads & Opportunities
Lloyds package helps furniture wholesaler scale up
A furniture wholesaler in Birmingham has acquired a new premises and plans to create eight jobs after agreeing a seven-figure funding package with Lloyds Bank Commercial Banking.Heartlands Furniture, which sources pieces from the Far East and Brazil and distributes it to retailers across the UK, has used a £6.2m loan to buy a premises on Cranford Street.It is also investing in a new range of equipment to accelerate growth, including new trailers and two new trucks. Lloyds provided a £150,000 asset finance facility for the purchases.Heartlands Furniture was founded in 2002 and employs 55 staff.
More Market Leads
- Committee to decide on more than 100 homes in Somerset
26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Lead developer sought for city centre redevelopment
26 Feb 25
Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre. - Funding for Argyll and Bute housing projects
26 Feb 25
The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million.
- In association with::
