Fieldhouse Furniture

Female-led furniture business fitted out for growth following cash injection


 Share via LinkedIn  Share via Twitter  Share via Facebook  Share via email

Read time: 3 mins      Added: 03/01/2023

A Loughborough furniture fit-out business is looking to accelerate its growth ahead of its 25th anniversary, after securing a £250,000 invoice finance facility loan.

Fieldhouse Furniture is a female-founded family business which specialises in bespoke large scale interior design projects for high-end student accommodation, homes, boutique hotels and workplaces in the UK and EU.

The invoice finance facility will enable Fieldhouse Furniture to access funds earlier, allowing the business to procure materials further in advance, focus on diversification into high-end student accommodation and invest in talent acquisition and development to drive growth.

Invoice finance allows you to unlock up to 90% of the funds tied-up in unpaid invoices quickly, often within 24 hours, without needing to wait for invoices to be settled.

Next year marks 25 years since Fieldhouse Furniture was established, having grown from a small curtain maker to a £5 million turnover business, employing more than 115 staff across its international operation. The firm works with well-known developers such as Watkin Jones and Gilltown to deliver the design, supply, manufacturing and fit for projects in the UK, as well as Spain, Portugal, Germany, Italy and the Netherlands.

Elizabeth Wild, founder and managing director of Fieldhouse Furniture, said: “The funding from Lloyds Bank will allow us to protect the business against the challenges that the construction industry is currently facing while continuing to drive growth.

“A key area of focus where many businesses are struggling at the moment is talent acquisition. As a family firm, it’s essential that we’re recruiting special people who are going to be a good fit, as well as ensuring that our talent strategy gives back to the local community. This funding will help us to invest in our workforce and secure the business’ future.

“Across almost 25 years of running my business, and throughout my entire life, I’ve never banked with anyone other than Lloyds Bank. As a single parent of four children, I have lent on the team heavily for support, and they have been by my side every step of the way, offering advice and guidance to fit whatever I needed at each stage of the business’ growth. They have been invaluable and I look forward to continuing our relationship as we move towards the firm’s next 25 years.”

Gemma Heath, associate director, specialist client solutions at Lloyds Bank, said: “Fieldhouse Furniture is a hugely ambitious local business which has demonstrated resilience and the ability to prosper in the face of market headwinds. I’m excited to see what they’ll achieve with the funding.”

Mel Howard, relationship manager, SME banking at Lloyds Bank, said: “Over the last 25 years, Fieldhouse Furniture has crafted an excellent reputation among customers who trust that they will always deliver quality work on budget and on time. We’re proud to support a well-respected firm with such strong values.”


You may also be interested in:

Invoice Finance

Whilst you’re waiting for invoices to be paid by your customers, we can advance up to 90% of the invoice cash value to you, usually within 24 hours.

Enquire now for Invoice Finance

Sustainable supply chains

Brexit and Covid-19 put the spotlight on businesses to make their supply chains more resilient, but why not make them greener and more sustainable at the same time?

Improving your supply chain

Manufacturing Industry Experience

Assisting with cash flow needs, financing growth to build new supply chains, improving efficiency, or helping to penetrate new markets, we can help.

Manufacturing support

Important legal information

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.