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EnviroBuild secures sustainable future with Aldermore Invoice Finance facility

POSTED: 12th April 2018
IN: Newsroom
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EnviroBuild, a company that specialises in sustainable building materials and environmentally-friendly construction solutions, has agreed a £500,000 funding facility with Aldermore, the specialist bank.

The firm, located in central London, was founded with the aim of supplying eco-friendly building materials, supporting sustainable initiatives, eco-systems and local communities. At least 80% of materials sold by EnviroBuild, including packaging, come from recycled sources which can be repurposed again at the end of their lifecycle. 

The half a million pound receivables financing agreement reached with Aldermore will allow EnviroBuild to grow in line with significantly increasing demand from trade customers and consumers. Primarily, it will enable the organisation to hold the required stock levels to meet quick turnaround times, allowing the company directors to focus on securing new commercial contracts and expand further into the commercial sector.

James Brueton, the co-founder of EnviroBuild, commented: “On an ongoing basis Aldermore supports the invoice financing and ongoing maintenance of our accounts. Aldermore allows us the peace of mind to focus on our growth whilst also giving us the opportunity to commit to large projects with our commercial clients. Securing these clients is at the core of our future ambition. We want to expand into new territories, but also become a household name here in the UK, making the green choice more accessible to the end consumers. Aldermore has given us the flexibility to focus on that vision and prepare for our rapid growth.”

Stuart Baty, Head of Business Development at Aldermore, said: “It is always fantastic to work with a company that has a real passion and love for what they do. EnviroBuild is infused with the passions of its founders, and the entire team is truly committed to achieving an impact, as well as delivering a high-quality product. We are proud to support businesses as they seek to realise a vision, and look forward to playing a role in EnviroBuild’s ambitious future.”

**Ends**

For further information, journalists can contact:

Carmel McCarthy, Aldermore
Phone:            020 3553 4216
Mobile:            07464 644754
Email:             carmel.mccarthy@aldermore.co.uk
Twitter:           @aldermorenews

Notes to Editors:

For further information about Aldermore, please review our Notes to Editors page.

EnviroBuild

EnviroBuild is a manufacturer of green building supplies and construction materials for the domestic and commercial markets in the UK and Europe. Based in London, the company was founded in 2015 by James Brueton, who was joined by his co-founder Aidan Bell just months later. EnviroBuild actively supports the Rainforest Trust and donates ten per cent of its profits to sustainable causes.

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