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Two more new business loans to boost Midlothian employment
Two more Midlothian-based businesses have secured new funding which is expected to result in an increase in the number of people they employ locally over the next three years.
They are Taylor Plant Hire (Scotland) Ltd and Graham Schutte Interiors Ltd. On the approval of Midlothian Council, these businesses will now receive loans totalling £35,000 to help them develop their businesses further.
Taylor Plant Hire Ltd
Based at Castleton Sawmill, Gorebridge, the company provides an operated plant hire service for tracked and wheeled excavators, hydraulic breakers and other heavy construction plant. Incorporated in 2008, the company’s main market is in the Central Belt. The loan funding will be used to expand into wider geographic markets and to invest in additional plant and fleet upgrades. Current customers include Scottish Water and the Edinburgh tramline project. Taylor Plant Hire presently has a staff of nine people and plans to create three new full-time posts.
Graham Schutte Interiors Ltd
With more than 20 years experience as a kitchen designer and fitter in Johannesburg, South Africa, Mr Schutte emigrated to Scotland in 2010 and has set up a new kitchen design and installation business based in Easthouses, Dalkeith. The loan fund will assist Mr Schutte in developing his new business by investing in new computer design software, developing the company website and investing in new marketing and exhibition materials. The business plans to recruit and train an additional 2 members of staff over the coming years, once capacity has built up sufficiently.
Councillor Russell Imrie, Cabinet Member for Strategic Services at Midlothian Council, said;
“Both these companies operate in the construction sector – a key component of the Midlothian economy. Our main aim in approving these loans is to encourage and support the creation, development and growth of small and growing businesses – so that in turn, they will be able to contribute to, and strengthen, the Midlothian economy in terms of jobs, growth, and wealth.
“Through our Midlothian Economic Development Framework – prepared by Midlothian Council in consultation with community planning partners - we have an ambitious target to create 10,000 new jobs in Midlothian by 2020 – and these are the kind of local businesses which we hope can help us to reach that target.”
Midlothian Council also recently approved business loans to the following local busineses; Bovril Johnston’s Café, Procure Wizard Ltd, Hireline Ltd and Midlothian Physiotherapy LLP. Combined with the latest two business loans, this means that more than £160,000 has been invested through Midlothian Council into the local economy.
BOVRIL JOHNSTON’S Café
Bovril Johnston’s was established in August 2009 in Roslin in the former home of John Lawson-Johnston, the inventor of Bovril - hence the business name. The business is owned by husband and wife team, Mr Paul and Mrs Aimee Tilley. The business currently provides a cafe and sandwich delivery service in and around Roslin. Bovril Johnston’s now has the opportunity to lease the cafe facility at Rosslyn Chapel. To maximise this opportunity, Mr and Mrs Tilley have taken on a unit at Midlothian Innovation Centre, near Bilston, for food preparation to supply both cafes, the sandwich delivery service and to provide outside catering.
Preston-based previous owner Ambrose Hire agreed to sell the assets from their Millerhill plant hire depot and leased the yard to Hireline Ltd - set up by their former depot manager, Patrick McCluskey. Mr McCluskey used the loan to help purchase the plant required to get his business started. He has had a successful start to his first year in business and plans to invest in further plant and equipment so that he can extend the range of products available.
PROCURE WIZARD Ltd
Procure Wizard software has been developed to assist the hospitality sector to drive profitability with the help of real-time cost analysis, menu-costing, stock management and management control over their procurement process. Procure Wizard provides a single platform for suppliers to trade with an unlimited number of business customers, each with a unique price file whilst providing a single platform for business purchasers to trade with all their existing suppliers and help identify new suppliers, creating the first business to business price comparison site for the hospitality sector - the Procure Wizard website www.procurewizard.com The potential market is global, with a number of hotel chains already signed up.
MIDLOTHIAN PYHSIOTHERAPY LLP
Midlothian Physiotherapy LLP was established in April 2008. Based at Hardengreen Business Park, Dalkeith, the business is owned by partners Paul Bryce, Alistair Matson and Kevin Dewar. They are all fully qualified state registered physiotherapists. The partners have developed a model of providing physiotherapy services for the employees of large firms or organisations, aimed at reducing absence from work due to musculo-skeletal problems. They provide physiotherapy services to employees of Midlothian, East Lothian and City of Edinburgh Councils, and have recently secured a contract to provide similar services to Fife Council employees. Occupational health services include physiotherapy, manual handling training, and workplace and DSE assessment. Treatments are provided for back and neck pain and sports injuries.
All business are rigorously assessed for eligibility and viability. The loan funding scheme aims to overcome ‘market failure’ – ie where commercial lenders such as a banks – are unable or unwilling to provide finance to businesses. Loan funding is provided through the East of Scotland Investment Fund (www.eastscotinvest.co.uk ) - a consortium of 10 local authorities - including Midlothian Council - which aims to provide finance and encourage increased levels of entrepreneurship and business formation.
This is achieved through provision of loan funding of up to a maximum of £50,000 for eligible local businesses. Midlothian Council’s share of the ESIF fund is over £600,000 - which includes European Regional Development Fund support.
* If you think your business could benefit from a business loan, please contact;
Jane Crawford, Senior Economic Development Officer on Tel 0131 271 3427 or email