Facebook - Birmingham Business Twitter - Birmingham Business Instagram - Birmingham Business

Windows manufacturer secures loan support

A Midlands manufacturer of windows and doors, Central RPL, has secured a six-figure loan from HSBC UK through the Coronavirus Business Interruption Loan Scheme (CBILS) to provide additional financial security to the business during the Covid-19 pandemic.

Based in West Bromwich, the business specialises in the manufacture and fabrication of PVCu windows and doors for commercial and domestic customers across the UK.

Having closed its manufacturing facility in late March, the funding from HSBC UK will help Central RPL to maintain supplier payments and cover base overheads as the business prepares for lockdown restrictions easing.  

Gary Morton, CEO of Central RPL, said: “Ahead of the lockdown, we were really trying to plan for all eventualities and the team at HSBC UK, particularly our relationship manager Christina Floyd, were fantastic in providing that additional level of support.

“The funding has given us that increased level of security and flexibility to be able to now begin reopening the factory. For the moment we’ve halted further planned capital investments, but we know we’re in the best possible position to resume business as usual and to plan for the future.”

Mark Lupton, HSBC UK area director for Greater Birmingham, said: “HSBC UK is committed to supporting its customers during this period of uncertainty, and we were delighted to be able to support the team at Central RPL with the CBILS facility to provide reassurance to the business and limit the short-term impact.”

HSBC UK is working closely with the Government and UK Finance to identify emerging issues and make sure customers and businesses have the advice and support they need. For tips and advice for businesses around planning for any possible disruption, visit www.business.hsbc.com/novel-coronavirus.

Manufacturer increases PPE supply

HSBC UK support helps firm bring in more imports

9th July 2020

Funding brings support for SMEs

Unity Trust Bank initiative will help businesses struggling during pandemic

15th May 2020

Locksmith has key to home security concerns

Entrepreneur opens new shop after increase in demand

12th April 2021

Sales boost delivers fitting birthday present

Double glazing specialist celebrates in style

2nd May 2019

New roof lights division launched

Manufacturer sees increasing demand for glazing products

19th November 2020

Specialists complete heritage projects

Windows and doors manufacturer helps transform historic buildlings

12th January 2021

Entrepreneur takes full control

Former business partners sign on dotted line

3rd August 2020

New contracts help firm plan tech future

Security specialist expands its offering to come through Covid-19

2nd September 2020

Multi-million pound finance secured

Aston University backed by HSBC UK

24th September 2019

Barclays names new head of corporate banking

Expert will lead the Midlands team

4th August 2020

Help where it's needed

Support measures in place for impacted customers

30th June 2020

Flexible financing

Backing SMEs during the most challenging times

26th June 2020

Andrew Cove

Digital marketing director, M3 Agency

5th February 2021

Grants kick off new wave of support

SMEs can access funding to adapt after pandemic

9th October 2020

Chamber calls for clarity on life after lockdown

Firms need information to help with future plans

29th April 2020