A Norfolk-based crane business is aiming to double its annual turnover from the present Ј15m in the next 10 years and to open a number of new offices
Falcon Crane Hire has secured the financial backing of Lloyds TSB Commercial Finance, which is helping fund the growth by providing asset-based lending facilities to release the cash tied up in the business and to purchase more cranes.
The firm, which specialises in the hire and sale of tower cranes to building sites, is set to invest in new crane technology and is looking to expand its geographical coverage by opening offices in the South West and Scotland on the back of the nationwide boom in construction. It is also looking at operations overseas.
