Panelwarehouse.com Secure NatWest Investment Following Recent Impressive Growth
Manufacturer and supplier of display and exhibition stands, office screens, notice boards and room dividers, Panelwarehouse.com have concluded a deal with the NatWest branch in Cheadle to secure further business investment thanks to impressive growth throughout the recession.
An improved, streamlined website has helped Panelwarehouse.com to attract a more diverse, targeted consumer base as has increasing their number of trade resellers and expanding their overall marketing channels. Panelwarehouse.com have been able to capitalise on the tough economic conditions throughout the UK with their specialist manufacturing practices. They have noticed that many businesses have decided to purchase sets of office partitions as opposed to expensive office moves for example, and those exercising prudence with their business finances have been able to find the products they need at affordable prices through Panelwarehouse.com.
Panelwarehouse.com have plans afoot to improve their annual turnover of £2million by 25% over the coming two years, and have managed to secure a six-figure working capital facility from the NatWest Business and Commercial bank in Cheadle to help them achieve their goal. Panelwarehouse.com put their success down to sticking to their principles and meeting the broad needs of their ever-expanding customer base.
“The terrible state of the economy has been well publicised over the past year or so, and has presented many of its own challenges for small businesses such as ourselves,” comments Michael Rappaport of Panelwarehouse.com. “Our business model has not only seen us through the recession, it has helped us to see unprecedented growth and also assist businesses who have been looking to save money themselves. Our display boards, office screens and other products are competitively-priced and reliable, and we supply all sectors in the UK including health, government-based departments, charities, corporate customers and more besides.”
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