Knowlhill firm gets £2.77m power to grow

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A Milton Keynes based company has been given a £2.77million loan to help it buy two firms.

Britdoors Group, in Seebeck Place, Knowlhill, has been given an asset based lending facility by Croydon-based Centric Commercial Finance.

The finances are being provided to assist the acquisition and working capital of Homesafe Doors and Securidor businesses, which are two divisons of Grouphomesafe Ltd.

Britdoors Group Ltd is a designer, manufacturer and supplier of composite entrance doors, which also has a manufacturing base in Newent, Gloucestershire.

John Cowley, MD of Britdoors Group, said the company has worked with Centric Commercial Finance for 12 years and was able to get a quick finance decision.