Bank support

Byfleet-based door manufacturer Skyglaze secured a £425,000 funding package from HSBC UK to purchase new machinery and expand its team.

The first of its kind being used in the UK, the new automatic cutting equipment does the work of three of Skyglaze’s previous machines in just one process. The bank’s funding has also allowed for the recruitment of two new fabricators to join the team.

Made in Italy, the Fom Industrie LMX 650 can proficiently cut up to 50 aluminium items at a time.

Matt Hardy, co-owner of Skyglaze, said: “Once installed, the LMX 650 will not only increase productivity levels but will allow the team to gain new skills, as well as enable us to continue expanding the company. Our relationship manager at HSBC UK, Gareth Dawson, was instrumental in advising us on the best funding package to make the purchase possible, giving Skyglaze a unique selling point and the opportunity to stay one step ahead of our competition.”

Andrew Steer, HSBC UK’s area director, said: “Skyglaze is demonstrating its true pioneering spirit and determination to continually evolve and expand the business.”