A self storage business with sites across the South East is poised for further growth after securing the backing of Lloyds Bank.
Cinch Self Storage has purchased an already-operational 12,500 sq ft facility in Brighton, comprising units ranging from 15 to 250 sq ft.
We’re an ambitious and rapidly-growing company, which is reflected by the purchase of our sixth facility in just three and a half years, with more to follow.”
The acquisition was backed by a seven-figure loan from Lloyds.
Cinch has existing facilities in Bicester, Chippenham, Huntingdon, Letchworth and Leighton Buzzard.
Director Richard Owen said: “We’re an ambitious and rapidly-growing company, which is reflected by the purchase of our sixth facility in just three and a half years, with more to follow.
“Lloyds Bank has been by our side throughout the process, providing helpful guidance and support, always with our best interests in mind.”
