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Plumbing experts given loan to boost use of renewable energy
AN East Yorkshire plumbing firm hopes to expand after agreeing a £30,000 loan from Partnership Investment Finance.
Aqualine Services, based in Hull, and run by married couple Colin and Yvonne Burr, previously took a 50,000 loan from PIF.
The commercial fund, backed by taxpayer-funded Yorkshire Forward, gave the firm an award for its use of the loan, which was spent on moving premises after flood damage in the summer of 2007.
Mr Burr, managing director of Aqualine, said: "The latest loan has been used to ensure the company is able to reinforce its standing in the contracting and public sector by providing additional expertise in the form of renewable energy options available to the domestic market."
PIF is an investment fund aimed at supporting growing businesses in Yorkshire and the Humber.
Alex McWhirter, assistant director of business at Yorkshire Forward, said: "PIF continues to support growing businesses in the region's Objective Two areas. They are a real asset to the region, and I would encourage companies to find out whether they, too, are eligible for support."
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Saturday 11 February 2012
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