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Property restoration firm pays back £500K loan three years early

Jay Calvert, left, and Liam Hanlon
Jay Calvert, left, and Liam Hanlon
Nick Jackson
Nick Jackson
Deputy Editor, North West

Liverpool-headquartered property restoration specialist Forshaw Group has performed so well it has repaid the investment made by business funding provider MSIF three years ahead of schedule.MSIF provided a £500,000 investment to fund a management buy-out led by current directors Liam Hanlon and Jay Calvert.  The company was originally set up in 1948 and was a second generation family business before the MBO. Since the buy-out the company has doubled its turnover to £6.3m, has taken on 36 new staff taking the total ... for the full story register now for free or login below...

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