Monday 18th Nov 2024
We are delighted to announce that we are on track to double our turnover and invest in further sustainable practices following a seven-figure loan from Lloyds.
Our sustainable practices include the use of cold forging, a manufacturing technique that reduces both waste and energy consumption. Additionally, we are partnering with specialised providers that have the required environmental infrastructure to lower energy usage and operational costs.
Steve Hardeman, our managing director, said: "Lloyd’s were very supportive in securing this funding which was essential in supporting our business journey, helping us to continue on our path towards sustainable growth,
"The loan has helped us to reinvest in the business and continue our efforts in making our manufacturing processes greener and more efficient. We've faced countless challenges over the years, but it's this ability to adapt and evolve that has kept us going.
"With this support, we can look forward to a future that not only sees us doubling our growth next year but also allows us to invest more in our sustainable initiatives and innovative manufacturing techniques."
Claire Carr, relationship manager at Lloyds, added: "Clevedon Fasteners is an example of a resilient and innovative British manufacturer. We're proud to support with the financing they needed to help shape their future.
"The journey Clevedon has taken is inspiring, from a small regional business to a global exporter, and we look forward to seeing how this funding will help them achieve their growth ambitions and energy transition."
As long-serving manufacturers of fasteners and components, we are excited to expand our reach and work with businesses that have similar sustainability goals. If working with a supplier with strong CSR values is important to you, then please don’t hesitate to
get in touch.
Image credit: Lloyds