New Loan Scheme makes First Award to local business.
13 Feb 2018
Chair of Dumfries and Galloway Council’s Chair of Economy, Environment and Infrastructure Committee, Archie Dryburgh, officially launched the new Business Loan Scotland (BLS) fund on Tuesday (28 Nov) with the award of £50,000 to the owner of PB Engineering, Peter Birch.
Councillor Dryburgh said: “BLS is yet another excellent support product offered to businesses in D&G through our business and enterprise team, via advisors at business gateway, and our growth accelerator programmes. Standing here, seeing what can be achieved by companies who want to grow and develop illustrates that taking advice and support from the onset really pays off. One of our Council’s top priorities is building the local economy and I am proud that we can be part of this company’s journey”
Peter Birch commented: “The on-going support I have had from the Business Gateway since I started has helped me develop myself and the business into where we are today. The £50,000 loan was an invaluable part of the overall funding package and allowed us to get the state of the art laser cutting equipment we needed to take the business to the next level.”
Peter started PB Engineering in January 2013, operating out of industrial premises near St John’s Town of Dalry, before re-locating to a purpose built facility in Balmaclellan. The business specialises in metal fabrication and metal construction for all types of customers ranging from external chrome polished banister poles for glass fronted properties or airport, large public sector construction projects all the way through to the steel packaging crates. The company produces metal tubing, metal sheeting and bespoke projects for heavy engineering companies. Their adaptability is one of the company’s main selling points and the new cutting equipment will expand its product offering.