Cleankill said a £450,000 loan from HSBC UK through the Coronavirus Business Interruption Loan Scheme (CBILS) has enabled the business to protect 44 local jobs and adapt its model to focus on domestic pest control due to the COVID-19 pandemic.
The business, based in Croydon, said the six-figure funding from HSBC UK allowed it to increase its marketing activity in the property management market, an area that Cleankill identified would have an urgent need for pest control services when lockdown eased.
Paul Bates, managing director of Cleankill (pictured), said the business also recognised that companies would be moving away from expensive national suppliers to regional companies as they looked to be more economic following the crisis.
He said: “The slowing of our work in the commercial sector due to COVID-19 has had a huge impact on our earnings and growth so we anticipate that the next few months will be challenging.
“The funding from HSBC UK puts Cleankill in a position to be able to support staff and upweight our domestic pest control and internal communications during the pandemic. It means we can survive throughout these difficult times and can continue to grow in the future.”
Published: 31 July 2020
Searching Entire Site
When searching the whole site page results may include editions
of Pest magazine. The search is unable to take you to specific
pages in the magazine so you will need to review the whole
edition to find what you are looking for.
Searching News & Library
To search the news/library, type in any word or phrase or use
the keywords listed at the top of the list to select your topic
Searching Pest Magazine
To search the magazines, type in your search word or phrase.
The results will show all editions that include your word(s) but
not the page within the issue, so you will need to review all the