Furniture wholesaler targets expansion after £6m funding deal

From left: Azher Shareef, from Heartlands Furnishing Birmingham, Paul Warrington and Tim Hanley from Lloyds Bank Commercial Banking, and Saleem Shareef, from Heartlands Furnishing
A Birmingham furniture wholesaler has targeted expansion after acquiring its premises with the support of a £6m finance package. Heartlands Furniture, which sources high-quality furniture from the Far East and Brazil and distributes it to retailers across the UK, has used a £6.2m loan from Lloyds Bank Commercial Banking to buy the premises on Cranford Street. Expansion could see the firm create eight jobs, while it is also ploughing the cash into a range of new equipment as it looks to build on a solid platform. The busines... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
Close