Growth plans clear for glass specialist with site expansion plans
Halifax-based Glass Designs Solutions is set to hire more staff and acquire new premises next to its existing site after being boost by a £250,000 bank deal.
Glass Designs Solutions, which specialises in bespoke glass designs, supply and fitting for private, retail and commercial use, will use the finance facility from HSBC to acquire a 3,383 square feet premises on Dewsbury Road.
The new site will enable it to grow its product range by manufacturing its own glass, hire two members of staff and invest in processing equipment to increase production.
The funding is expected to help the business increase turnover by 60% over the next 12 months.
Owner Clive Smith said: “After listening to our customers and understanding changes in the market, my business partner Lee and I saw an opportunity to take our business to the next level. Securing the funding from HSBC will help us realise our ambition to grow and evolve, in turn helping build our customer base. HSBC has been a long-standing and valuable partner for us and has been continuously supportive of our expansion plans.”
Glass Design Solutions’ proposal for growth was put to HSBC’s business banking team in Scotland, where relationship manager Mark Brown discussed finance options for growing the business.
Susan Rowand, HSBC’s head of business banking in Scotland, said: “Clive and his team have been a long-term customer to HSBC and when they saw a clear opportunity to grow their successful business we were more than happy to help them reach their goals. We’re pleased that the funding Mark has helped them to secure will see the business expand its team and premises and increase its turnover.”
