A national concrete specialist, headquartered in Corby, Northamptonshire, has secured a significant facility from HSBC UK to provide additional support during the COVID-19 pandemic.
MPB Structures has been providing construction services across education, retail, and transportation sectors for the last 36 years.
With numerous construction projects having been on hold during the pandemic and new projects now entering the planning stages, the funding from HSBC UK will provide additional support to the company’s cash flow during this unprecedented time.
As well as its Corby site, the family-run business has offices in London, Manchester and Birmingham employing 700 people.
Patrick Boyle, Director at MPB Structures Ltd, said: “We were delighted to receive the support from HSBC UK during what is a very uncertain period. Knowing that we have the additional facility enables us to continue with live projects and to plan for the exciting remainder, enabling us to be in the best possible position to get back to operating ‘business as usual’.”
Nick Broome, Relationship Director, South Midlands Corporate Centre, HSBC UK, said: “HSBC UK is committed to supporting its customers during this period of uncertainty, and we were delighted to be able to help the team at MPB Structures with an additional facility, enabling the organisation to continue to operate as it prepares to resume usual operations.”