Red Panda Properties is a general building company based in the picturesque village of Belchford, nestled in the Lincolnshire Wolds. Specialising in house and garden improvements, internal and external brick and block work, as well as patios, garden maintenance, and fencing, Red Panda Properties serves customers within a 20-mile radius.
Zach Henden, business owner, contacted NBV on the advice of a friend and discussed funding options for his business. Funding was sought to enhance operational efficiency and facilitate the undertaking of larger projects. The objective was to grow the business and attract a broader customer base.
Red Panda Properties was successfully awarded a grant administered by NBV funded through UK Shared prosperity Fund which was invested in essential tools including a cement mixer, a petrol cut-off saw, a wheelbarrow, and a Stabila level pack. These acquisitions significantly bolstered productivity and work efficiency, enabling the business to manage more extensive and diverse projects.
The grant has transformed Red Panda Properties’ operational capacity, allowing the business to pursue building and landscaping ventures previously beyond its scope. This expansion not only boosts confidence but also augments turnover and earning potential, paving the way for sustainable growth.
Looking ahead, Red Panda Properties envisions hiring to further scale operations. Additionally, there are plans to venture into property development, marking an ambitious stride towards diversification and long-term prosperity.
Through strategic utilisation of the grant, Red Panda Properties has fortified its position in the market, poised for expansion and diversification. With enhanced capabilities and a clear vision for the future, the business is primed to embark on a journey of sustained growth and success.
If you want to follow a similar path to Zach and seeking grant funding, then contact NBV for further details.
