Stantone Mechanical Handling Ltd, a leading provider in the hire, sale and maintenance of forklifts and access platforms, has secured £440,000 loan funding from NatWest to facilitate the purchase of additional premises. This strategic expansion will support the Northampton-based firm’s growth and create new jobs.
Established in 1961, Stantone has built a strong reputation in the mechanical handling industry. The company was bought over by Director Nigel Martin and his co-Director, wife Lisa, who had been working in the business prior to the acquisition. Under their leadership, Stantone has experienced continuous, sustainable growth, consistently meeting rising demand by expanding their team and diversifying their offerings, including the introduction of utility vehicles to their product range.
The new premises, funded by NatWest, will include electric vehicle charging stations, reflecting Stantone’s commitment to sustainability and modernising their infrastructure. This expansion aligns with Nigel’s vision for sustainable growth and enhances the company’s capability to meet and exceed its customers’ needs more effectively.
Ian Mccormack, Relationship Manager at NatWest, said:
“We are delighted to be supporting Stantone with their expansion plans. This loan will enable Stantone to enhance their facilities and create new job opportunities, further solidifying their position as a leader in the mechanical handling industry.
“We are really excited to see how this investment builds on their success, driving growth for the future.”
Nigel Martin, Director of Stantone Mechanical Handling Ltd, said:
“This funding package from NatWest is instrumental in helping us to achieve our growth ambitions. The new premises will not only allow us to better serve our clients but also to demonstrate our commitment to sustainability with the addition of electric vehicle charging stations.
“Working with NatWest has been great, they clearly understand our ambition and have supported us throughout this journey. We’re grateful for NatWest’s support and look forward to our bright future.”