A handyman service which employs ex-Forces veterans has received a £250,000 commercial finance facility from Bibby Financial Services (BFS).
Heroes4Hire Handymen (H4H-H) was launched by ex-RAF serviceman and chief executive, Nigel Blanchard, in April 2017 to utilise the skills, work ethic and employability of those who have served in the Armed Forces.
Headquartered in Warrington, the business plans to immediately expand into two further locations – the South East and the South West – and is looking to offer its services to the rest of the UK through remote working.
H4H-H aims to build its workforce to 108 fully-trained veterans by December 2017, and has a long-term goal to employ 1,000 veterans within four years.
BFS’s commercial finance team were able to provide a £250,000 funding line to support the business’s ongoing cashflow requirements.
Nigel Blanchard, chief executive, Heroes 4 Hire Handymen said: “H4H-H is one of the UK’s first companies to proactively focus on training and employing ex-forces personnel, and we’re extremely pleased to have BFS on board as our funding partner.
“BFS were able to offer the flexibility and construction sector experience we need in order to ensure that our business can continue to flourish. We look forward to working with BFS further as our business grows.”
Vinnie Dobie, business development manager at Bibby Financial Services said: “Heroes4Hire Handymen is a truly unique and ethical business that combines the support of ex-servicemen and women through training programmes and a variety of high-quality maintenance services.”