The Royal Bank of Scotland has provided loan facilities to Peterborough-based education website and branding agency, e4education, to aid expansion of their business.
The e4education team have purchased the adjacent office building which will help the company double in size at their Lynchwod Business Park base. The company will embark on integrating both buildings and refurbishing their premises over the summer months with a view to being fully operational in the new September school year.
Established in 2001, e4education provide website and branding to schools, academies and colleges across the UK with the intention of bringing their websites into modern times that are user friendly for existing and prospective parents. They employ 40 creative members of staff and achieve in excess of a £2 million turnover per annum.
John Roach, Managing Director of e4education explains, “Our current offices were hampering our growth so when next door came on the market it was an ideal investment as it provides little disruption for our staff and creates the space we require. The long-term plan is to take on more contracts and align our headcount accordingly which the extra space provides.
“RBS has supported us from the start by helping us purchase our existing premises and with their continued support we can achieve greater things to come.”
David Ingamells, RBS Relationship Director, added, “John and the team at e4education have built up a sound business within a sector that is led by networking opportunities and reputation. We look forward to seeing the offices complete and wish them well with the opportunities this will bring.”