Family-run construction firm to create 10 jobs after securing £150k Covid loan


A family-run construction firm looks set to create 10 jobs after securing a £150,000 loan to help it bounce back from the pandemic.

Silverdale-based Trades and Labourers wants to use the cash from the Coronavirus Business Interruption Loan Scheme (CBILS) to kickstart its business, after being forced to scale back its operations during the first lockdown in March.

The new funding has already helped to safeguard four jobs, now the company wants to create a further 10 roles in the coming years.

Managing director Lynn Sanders – whose husband and three sons are also involved in the business – said: “With new funding in place, the company intends to continue fulfilling existing contracts that were previously on hold, whilst also having the working capital required to secure new contracts in the coming months.

“After an incredibly challenging 2020, whereby our company had to put a number of contracts on hold due to the coronavirus and temporarily furlough staff – retaining a small number for emergency work required by our clients – we are delighted to be firmly looking to the future now by completing existing client contracts and looking to expand the business.”

Trades and Labourers maintains and repairs buildings for a variety of clients – in both the public and private sector – completing construction work and groundworks for residential and commercial projects.

The firm secured the loan via alternative lender BCRS Business Loans, which supports small and medium-sized enterprises (SMEs) in the West Midlands that are unable access finance from traditional lenders.

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Andrew Hustwit, business development manager for Staffordshire and Stoke-on-Trent at BCRS Business Loans, said: “We are delighted to have provided the funding that Trades and Labourers required to recover from the interruption inflicted by coronavirus and work towards growth in the coming months.

“As a lender of social and economic impact, we are also delighted that 10 jobs will be created thanks to this loan.”





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