Aldermore finances cladding manufacturer

Published on

Aldermore has agreed a new finance facility with Architectural Profiles Limited (APL), a designer and manufacturer of cladding and roofing products and systems.

APL, which has offices in Reading and a manufacturing plant in Chester, was established in 1982. Since then, it has delivered projects across a range of sectors, including automotive dealerships, commercial, residential and industrial properties, and public-sector buildings.

The new funding facility from Aldermore is enabling the business to maximise its new manufacturing plant and boost sales, whilst freeing up capital to support new projects and strengthening the firm’s business pipeline. The facility will also allow APL to further develop its product range, expand into new markets and support its customers.

David Dunne, financial director of Architectural Profiles Limited, said: “We have been extremely impressed with Aldermore. One of our main reasons for choosing the bank was the effort taken to get to know us, our business and our requirements. The team worked closely with us to create a ‘bespoke facility’ which successfully delivered everything we wanted and we are now reaping the rewards.”

Graeme Elliot, business development manager at Aldermore, added: “We take pride in getting to know our clients and making sure the services we offer work for both them and us. Architectural Profiles Limited is a fantastic company that manufacture and deliver high-quality products and systems and we are proud that we can assist it to keep delivering that excellence both here and for exporting abroad.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

MAB sees revenues rise 19% as adviser productivity strengthens

Mortgage Advice Bureau has posted a robust trading update for the first half of...

Rightmove mortgage revenues double as digital growth strategy pays off

Rightmove has more than doubled the size of its mortgages business in the first...

Market Harborough eases stress tests to support wider range of residential borrowers

Market Harborough Building Society has announced a relaxation of its interest rate stress testing...

CHL Mortgages cuts buy-to-let rates by up to 32bps

CHL Mortgages for Intermediaries has unveiled sweeping rate cuts across its buy-to-let mortgage range,...

The Skipton cuts rates on no-deposit mortgage

Skipton Building Society will on Monday reduce rates across several of its mortgage products,...

Latest publication

Latest opinions

A walk on the supply side

The UK government’s stated goal to build 1.5 million homes during the current parliamentary...

Don’t build in fear – quality must come before quotas

“This is my message to housebuilders: get on with it. If you promise homes,...

AI won’t replace mortgage brokers – but those who don’t adapt could be left behind, say industry leaders

Artificial intelligence is set to transform the mortgage industry but it won’t replace the...

Why the mortgage industry must digitise for the customer, not just for compliance

Home buyers today can manage their finances, verify their ID and even order a...

Other news

MAB sees revenues rise 19% as adviser productivity strengthens

Mortgage Advice Bureau has posted a robust trading update for the first half of...

Rightmove mortgage revenues double as digital growth strategy pays off

Rightmove has more than doubled the size of its mortgages business in the first...

Market Harborough eases stress tests to support wider range of residential borrowers

Market Harborough Building Society has announced a relaxation of its interest rate stress testing...