A Birmingham-based fencing contractor and manufacturer has moved to new, larger premises following an investment of £386,000 from Lloyds Bank Commercial Banking.
After securing the financial package Park Lane Fencing vacated its previous 3,000 sq ft base in Hall Green, and moved into a 10,000 sq ft warehouse and office development on Armoury Road in Small Heath.
Founded in 1996, the company specialises in the supply and installation of fencing and gates.
The relocation will enable the firm to achieve its ambitions for future growth by providing it with more storage, whilst boosting employment by creating four new jobs, taking the team to a total workforce of 25 people.
The purchase was aided by Lloyds’ participation in the Funding for Lending Scheme.
Jason Sheward, director of Park Lane Fencing, said: “We’re pleased to have completed our move into new premises in Small Heath, which has been a key objective for us after outgrowing our previous headquarters.
“As a company with great ambitions to expand, it’s fantastic that we are now in a position to recruit more staff and hold more stock, and we look forward to achieving the next stage of our growth plan in the months and years to come.”
Nigel Arnold, relationship manager at Lloyds Bank Commercial Banking, said: “The bank is committed to providing access to funding for companies looking to grow and Park Lane Fencing is a great example of a company helping to drive the economic recovery in the area through considered and prudent management.”
