Edinburgh-based True Build Trade Services Limited (“True Build”), a leading building and joinery business, has doubled the size of its workforce in its head office following funding from Santander Business Banking.
True Build was founded in 2010 by Paul Dempsey and is one of the most respected building contractors in Edinburgh and the surrounding areas for renovations, extensions and construction of housing developments.
The financing from Santander will fund new larger premises in Edinburgh, which will enable the firm to take on larger property development work, the first of which is a 10-flat development in the centre of Edinburgh.
The funding will also allow True Build to double the size of its workforce by hiring five new members of staff. The business is aiming to increase its revenue by 100% over the next two years.
Paul Dempsey, Managing Director, True Build Trade Services Limited, said: “The support from Santander has been key to our success and we are now in a position where we need to expand in order to meet demand. The new property has given us the space we need to grow and the new employees will be essential in helping us continue to provide an excellent service for our customers.”
Sean Millan, Business Relationship Director, Santander Business Banking, said: “True Build has gone from strength to strength in a competitive market place. The firm has been able to thrive thanks to its strong network and the quality of its work, and Santander is delighted to be able to support such a growing local business.”
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Notes to editors
For media enquiries regarding True Build Services Limited please contact:
Paul Dempsey T: 0131 2890 998 E: paul@truebuildltd.com
Media Enquiries
Lara Lipsey T: 020 7756 4518 M: 07713 560 209 E: lara.lipsey@santander.co.uk
Josephine Dencker T: 020 7756 4221 M: 0759 2113877 E: josephine.dencker@santander.co.uk
The Santander Business Banking press office operates from 8.00am to 6.00pm. Outside of these hours please call 0800 5877708.