Benchmark Grounds Maintenance agrees fresh RBS support

Benchmark Grounds Maintenance agrees fresh RBS support

Stratford Upon Avon's Benchmark Grounds Maintenance Ltd has agreed additional working capital support from its banking partners RBS to fund the delivery of additional contracts for their services.

Benchmark specialise in the provision of comprehensive grounds maintenance services and interior plant maintenance to both the commercial and public sectors nationwide. As a business they were conceived to support property professionals such as property managers, facilities managers and managing agents. Today they maintain shopping centres, office blocks, business parks, industrial estates, hospitals, superstores, show homes, schools and leisure facilities.

2011 has seen the company take on a number of new contracts and orders. This is the second time in 12 months that RBS has extended finance to support the additional workload as the company moves towards a £3million turnover.

Jeremy Rodway-Smith, managing director, Benchmark Grounds Maintenance said: "2011 has been a good year for us and the prospects for 2012 are looking good as well. Additional contracts put pressure on our cash flow as we meet the extra workload so this further funding will help to increase our turnover and profitability – in the process, expanding the business and creating the right environment for us to take on additional staff."

Nick Dobson, senior commercial manager at RBS added: "Jeremy has cleverly grown the business by having a clear focus on the quality of customer service and a clear understanding of his customer market. That has been rewarded with their growth this year and we hope our support helps them in turn to enjoy a successful 2012."

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