Roofing business moves into new offices after banking loan
A Somerset roofing business has purchased its first premises and headquarters in Yeovil, after securing a £184,000 finance package.
Established 10 years ago, Hodders Roofing has used the funding package from HSBC UK to move out of rented units and purchase its first permanent office space.
The new office space will allow the firm to take on additional projects and facilitate growth, and it has plans to create two new job opportunities and an apprenticeship position in the future.
Simon Hodder, founder of Hodders Roofing, said: “We are thrilled to embark on this new venture for our business by acquiring our first permanent headquarters. Thanks to the HSBC UK funding, this new dedicated space will enable us to take on new projects and firmly establish ourselves in the local construction market.
“This move will make us stand out from our competitors and compete against some of the bigger players in the area. We’ve already seen more interest since moving in, simply by having more visibility from passersby.”
Ian Coulson, head of commercial brokerage at HSBC UK, said: “It’s widely known that effective workspaces can offer huge benefits for organizations large and small, from greater productivity, collaboration and wellbeing. It’s great to see Hodders Roofing moving into its first premises and we’re pleased to support this acquisition.
Hodders Roofing works for a range of customers, from private housing and domestic, to local authorities across Somerset and Dorset. The company’s services include slating and tiling, leadwork, repairs and rebuilds.
The funding deal came through HSBC UK’s newly launched commercial broker scheme. Under the new scheme, accredited commercial finance brokers will be able to provide business leads to HSBC UK’s relationship managers. This will allow HSBC UK to provide customers with more help in the expansion of their businesses through asset purchases, capital expenditure or other investment opportunities.
