A specialist NW company which provides niche maintenance and cleaning services for commercial property clients is looking to create jobs and expand its market after securing a new deal with Yorkshire Bank.
Founded in 2005, Manchester based High Access Maintenance offers dedicated services for high buildings including: roof repairs, gutter maintenance, cladding refurbishment, high pressure washing, and banner installation
A new customer to Yorkshire Bank, High Access Maintenance has secured a £500k Invoice Finance facility which will free up money for use to drive the day-to-day business. Often referred to as “cash flow finance”, invoice finance allows businesses to access up to 85% of an invoice’s value as soon as it is issued, rather than wait for it to be settled. The deal was delivered by Helen Miller, Relationship Manager at the Bank’s Business and Private Banking Centre in Manchester.
Niel Bethell, Director at High Access Maintenance, said: “At a time when we’re taking our services into new markets it’s important that our business model is supported by our bank.
“At a time when we are approaching our tenth anniversary the company is going from strength to strength and we have every intention of building on our existing momentum.
“Our current position would not have been possible without the support of the Yorkshire Bank which has worked closely with our team to help us realise our long term growth plans.”
High Access Maintenance currently employs 51 full time staff and is on course to increase turnover by 33% (from £3m to £4m) in the current financial year, with plans to increase this to £5.8m by 2016. The company has ambitions to increase its client base in the next five years and recently expanded into the London market which is being seen as a major driver for growth.
Sean Williams, Head of Yorkshire Bank’s Business and Private Banking Centre in Manchester said: “The continued success which High Access Maintenance is enjoying reflects the commitment of Niel and his team and represents all that is good about the entrepreneurial spirit of the North West’s business community.
“We’re pleased to support the company’s latest expansion and are confident the support we are providing will pave the way for further growth opportunities in their specialist field.”