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Finance

Stamford construction firm eyes expansion with £200k fund

Rubico, the Stamford-based construction and maintenance firm, has a 200,000 funding injection from capital solutions provider, Independent Growth Finance (IGF).

The firm began utilizing IGF back in 2017 because it sought a completely new finance partner to offer working capital.

The fund will encourage the firm to wind larger contracts over the retail sector, using a particular increased exposure of thier food and beverage industry.

It may also facilitate growth plans, with Rubico confirming its intention to flourish away from its current premises and carry out new staff.

Commercial Director Luigi Cocozza said: “Previous financiers we certainly have treated made us feel as if a number on the spreadsheet, but IGF’s top level of service and dedicated customer service really impressed us.

“The team proved that this understood our business back-to-front, and we’re pleased about the ability to this point.”

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