Supermarket fitter brings in six-figure investment

From left, Chris Huntington, Regional Sales Manager of Invoice Finance, Aldermore; Malcolm Foulis, Managing Director, TSF Retail Solutions, and Michael Vassallo, Senior Investment Executive, FW Capital.
From left, Chris Huntington, Regional Sales Manager of Invoice Finance, Aldermore; Malcolm Foulis, Managing Director, TSF Retail Solutions, and Michael Vassallo, Senior Investment Executive, FW Capital.
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Shop fitter TSF Retail Solutions can plan big after investment from Aldermore and FW Capital.

The company, which works with UK retail giants such as Tesco, Sainsbury’s, Homebase and Topshop from its 110,000 sq ft factory in Peterlee, has received a six-figure investment to help build its workforce and attract major new clients.

The firm has also brokered a deal with Aldermore to provide a multimillion-pound working capital facility to support its plans.

Managing director Malcolm Foulis said: “The support and investment through FW Capital and Aldermore has allowed us to be bolder and more flexible in our future planning.

“Our principal contracting division is an area we recognise as key to growth and we are now more confident and better positioned, both with personnel and equipment, to bid for larger contracts and tenders.”