Heroes4Hire Handymen (H4H-H) was launched by ex-RAF serviceman and CEO, Nigel Blanchard, in April 2017 to utilise the skills, work ethic and employability of those who have served in the Armed Forces.
Operating from its headquarters in Warrington, the business plans to expand into two further locations – the South East and the South West – and is looking to offer its services to the rest of the UK through remote working.
Due to its focus on supporting those that have served in the UK’s Armed Forces, the company has gained widespread public praise and appreciation. H4H-H aims to build its workforce to 1,000 veterans within four years.
With sales growing exponentially, the business needed funding to facilitate day-to-day operational expenses. H4H-H chose Bibby Financial Services (BFS) as its finance partner of choice because of its considerable experience in the construction sector and speed of response. BFS’s Commercial Finance team were able to provide a £250,000 Invoice Finance package to support the business’s ongoing cashflow requirements.
Nigel Blanchard explained: “H4H-H is one of the UK’s first companies to proactively focus on training and employing ex-forces personnel, and we’re extremely pleased to have BFS on board as our funding partner.
“As an ex-RAF veteran myself, I have first-hand experience of the challenges that come with returning back from active duty. We’re a lot more than just a business, we also provide transitional assistance when adjusting back to domestic life, offering direction, focus and stability to our staff.
“BFS were able to offer the flexibility and construction sector experience we need in order to ensure that our business can continue to flourish. We look forward to working with BFS further as our business grows.”