Bespoke Stairlifts steps up global growth ambitions with seven-figure funding from HSBC UK
Custom stairlift manufacturer Bespoke Stairlifts is accelerating its international expansion strategy for its innovative stairlift solutions with the support of a seven-figure funding package from HSBC UK.
Bespoke Stairlifts will utilise funding from HSBC UK which includes working capital via invoice and trade finance to increase its West Yorkshire manufacturing capabilities.
With investment in new machinery and technology, the company aims to increase production capacity and meet the rising demand for its products, which are currently exported to over 70 countries across North America, the French Caribbean, India and Europe.
As part of this HSBC UK-supported growth strategy, Bespoke Stairlifts plans to expand its workforce by an additional 25 per cent over the next 12 months. This expansion aligns with the company’s forecasted turnover increase of 30 per cent to £17m for 2025.
Joanne Kennedy, Managing Director at Bespoke Stairlifts, said: “The support from HSBC UK allows us to enhance our production capabilities and explore new markets, in which we can introduce our industry-leading stairlift solutions.
“We are excited about the opportunities this international growth will create for our company and our dedicated team.”
Andrew Bennett, Area Director at HSBC UK, said: “At HSBC UK, we are dedicated to helping businesses achieve their growth potential and strengthen local economies.
“Bespoke Stairlifts is a prime example of Yorkshire’s manufacturing expertise, and its global ambitions are a testament to the highly skilled and driven workforce behind the business.
“We are proud to support Bespoke Stairlifts on its journey, helping it seize new opportunities across the UK and worldwide.”
The deal was completed by Ash Khan, Senior Relationship Manager and Simon Kitchingman, Business Development Manager at HSBC UK.
Bespoke Stairlifts operates from three locations across West Yorkshire. The company’s full-scale manufacturing facility in Huddersfield, offering assembly and paint services, is supported by additional sites in Bradford and Bingley. The firm currently employs more than 130 people across the business.
Bespoke Stairlifts recently announced the appointment of Paul Stockdill as its new Commercial Director.
