Case Studies
Bill O’Brien
System Vision Uses Alternative Finance To Secure The Latest CCTV Technology
System Vision of Holmfirth accessed a business loan from West Yorkshire Enterprise Agency and used it to develop new hardware and software for their passenger waiting shelter CCTV recording systems. Managing Director Bill O’Brien said “having an alternative source of finance to go to when the usual providers are not able to lend is a great opportunity for small businesses. In our industry its really important that we are at the cutting edge of technology because we supply the court system with evidence, often for serious crimes and it has to be top quality. This loan meant that we could accelerate a new project 12 months ahead of schedule – in fact we may not have been able to do it at all without it. This has an impact on business and with turnover increasing year on year we have been able to employ a new member of staff with more recruitment plans in the pipeline"
Jamie Sykes JS Sports
JS Sports Races Ahead With An Alternative Business Loan
Jamie Sykes of JS Sport is growing a successful, Halifax based business using sport to help young people learn new skills and to show them that there is more to life than being out on the streets day and night. Jamie used his loan from West Yorkshire Enterprise Agency and funding from the Princes Trust to buy essential equipment so that he could offer a range of sports to people from 4 to 19. Although only 24 himself Jamie has a great track record in business and has a growing portfolio of customers including the local authority, schools, sports partnerships and others. Jamie said “the loan has enabled me to buy sports equipment and develop training opportunities that will appeal to young people of all ages and backgrounds."
Alliance Valves
Alliance Valves Uses Alternative Finance To Open The Taps For Business Growth
Alliance Valves And Piping Supplies of Brighouse accessed a business loan from West Yorkshire Enterprise Agency to help their business grow when the usual sources of funding were unable to help. Managing Director Craig Sandham said "this was a real lifeline when no one else could lend and thanks to the loan we have seen our turnover grow by 15%. This has meant that we have been able to employ two additional members of staff and we are now able to take forward plans to diversify into new markets by using new technologies.” Craig added “ this is a great opportunity from West Yorkshire Enterprise Agency and without their assistance we would not have been able to do many of the things we have managed to do. I would also like to add that their service and personal touch and flexibility has been a welcome and refreshing bonus."