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Scaffolding company secures loan to grow
10:46am Wednesday 1st January 2014 in Hampshire Business
A HAMPSHIRE scaffolding firm has expanded thanks to a Government-backed loan scheme.
Jarrett Scaffolding, which is based in Waltham Chase, secured a £50,000 discounted rate loan through NatWest’s Southampton office as part of the Government’s Funding for Lending scheme.
The company was established by Jay Pinnells, who wanted to undertake bigger contracts to grow the company by stocking a large amount of tubes, boards, fittings and technical equipment.
The loan has also enabled him to add another heavy goods vehicle to his fleet and three new scaffolders.
Mr Pinnells was recommended to the bank by his accountant Daleep Pandey and was assisted by Annie Cains at the Southampton office.
Mr Pinnells said: “Without NatWest we wouldn’t have been able to expand.
“Annie was absolutely fantastic; she is highly professional and methodically helped us through every step of the loan application.
“Annie is a pleasure to work with and as our business manager she continues to be on hand to offer advice and help with any queries.”
Annie added: “I’m so pleased we’ve been able to support Jay and his business, helping him towards his business ambitions. I’m looking forward to working with him to help him continue the success of his business.”
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