Member Article

£40k Finance Yorkshire loan helps print specialist KRL relocate and target new markets

Print and copier specialist KRL Group is targeting new domestic markets after a successful relocation to larger premises in Hull with a £40,000 business loan from Finance Yorkshire

The modern premises bring KRL Group’s sales, warehousing and maintenance teams under one roof.

The company has 2,000 clients, more than 3,000 print and copier machines in operation and works with leading manufacturers including Konica Minolta and Ricoh.

KRL Group, which has a turnover of £2.5 million and employs 25 people, is now targeting new areas away from its traditional M62 business corridor to increase sales and create growth.

It plans to expand its satellite office in Bradford and open a new one on the East Coast while seeking to gain a foothold in the Preston area.

Finance Yorkshire has previously supported KRL Group through its Business Loan fund.

KRL managing director George Baker explains: “The new premises provide us with a much more modern environment from which to operate.

“It also gives potential new customers the correct impression of KRL Group – that we are a professional, modern, expanding business able to serve their needs with the support of excellent customer service.”

“Part of the reason for moving to the new premises was to enable us to increase the geographic spread of the business.”

“What’s always impressed me about Finance Yorkshire is that the team are prepared to come out and see you and listen to what you’re trying to do as a business and get a feel for the company and where you’d like to take it. You can’t ask for more than that.”

Finance Yorkshire Investment Manager Ian Atkinson said: “We were keen to further support George and the team at KRL – the company is a great example of a successful regional business determined to attract more customers to benefit from its professional and high quality service.”

This was posted in Bdaily's Members' News section by Clare Burnett .