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How we helped a garage door manufacturer, Gliderol Garage Doors

Gliderol Garage Doors Ltd has been manufacturing garage doors in the UK for over 20 years producing a range of roller doors for all sorts of clients – from residential garages to airport hangers. As well as designing and producing garage doors Gliderol also manufacture automatic operating systems and safety sensors for every type of door they make.

Strengthening transport and delivery performance

Gliderol is based in Peterlee, Durham, and run by Benjamin Lumbers, a well known and regarded member of the local business community. Benjamin contacted Aldermore for an Invoice Finance facility after hearing good things about them from a professional contact. Aldermore provided an Invoice Finance facility of £900,000 which will enable Gliderol to strengthen its transport and delivery performance to maintain its competitive advantage as the economy improves.

 

Seeking out a finance facility

As the UK construction industry begins to pick up, Benjamin is spotting more and more opportunities and enjoying an increase in demand for his products. Aldermore’s Invoice Finance facility means Gliderol can now get a portion of their outstanding invoices within just 24 hours. This ensures that Benjamin has peace of mind knowing his company has the right cash flow to fulfil all its orders and accept new contracts. With Aldermore’s help Gliderol Garage Doors is now perfectly positioned for future growth as the UK economic recovery continues and demand from the construction sector, a key sector for the business, increases.

“Aldermore quickly recognised the strong management team at Gliderol Garage Doors and worked closely with them to find a finance option to cater to their specific needs.

“Aldermore is delighted to be doing its bit to support the UK manufacturing industry through strong British firms like Gliderol. The UK manufacturing industry has faced some tough challenges over the last five years and it’s great to see firms like Gliderol overcome those challenges and flourish as the UK economy begins to improve.” Benjamin added: “Aldermore’s service was first class and most importantly the facility was set up with minimal burden on my staff.” Robert Hatfield, Regional Sales Manager, Gliderol Garage Doors

See what our Bank can do for you…

If you would like to find out more about how Aldermore could help you achieve your business dreams you can read more about how we have helped companies just like Steve’s by visiting www.aldermore.co.uk/invoicefinance or you can speak to one of the team directly by calling 0800 721040

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  • Finance
  • Business
  • Invoice Finance
  • Finance

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