XBM launches new fleet of vehicles with funding from Lombard Asset Finance
Leeds-headquartered print management company, XBM Limited, has introduced a new fleet of vehicles to assist its expansion, supported by funding from Lombard Asset Finance.
XBM, founded in 2008 by Justin English, provides specialist office and production print equipment. Its clients range from sole traders to large listed companies, along with local councils and schools.
The company has secured £300,000 to purchase an additional 20 vehicles, including four vans and 16 new cars for employees.
In February this year, XBM used £235,000 of funding from NatWest to open its fourth site in Birmingham. This has already written £350,000 of business and plans are now in place to open an office in London.
Justin English said: “We have not only expanded our network of offices nationally this year but also significantly grown the number of staff across these offices. Thanks to the funding from Lombard, we have been able to facilitate this rapid growth by providing the necessary vehicles for the sales and service teams to reach prospective and existing customers.
“This year is our tenth anniversary and our ambition going forward is to continue this growth and secure our position as one of the most competitive print management companies in the UK.”
Veronica Wales, Lombard senior relationship manager, added: “Funding has allowed Justin to provide his staff with the vehicles they need to effectively service their customer base. We look forward to continuing to work with Justin and the team at XBM as the company goes from strength to strength.”
Title: XBM Launches New Fleet Of Vehicles
[Photo: (L-R) Justin English, MD at XBM; Veronica Wales, senior relationship manager at Lombard Asset Finance; and Simon Earith, service manager at XBM]
Original Story: Print management firm expands with Lombard backing – By Stephen Farrell – 5 Jul 2018