£450,000 funding boosts jobs with Grant Property

£450,000 funding boosts jobs with Grant Property

Edinburgh-based letting agent and residential investment firm Grant Property has received a £450,000 funding boost, supporting further business growth and generating new jobs.

The loan from HSBC will allow Grant Property to invest in a new IT system, improving data analysis which will enable the firm to target new investment clients.

With the combination of a new, efficient IT system and additional team members, Grant Property expects to see turnover rise following a 20% growth in turnover seen by the company last year.

John Moran, managing director at Grant Property, said: “We’ve seen a lot of interest from overseas buyers wanting to invest in Edinburgh’s residential property market.

“To help us grow in this area, we needed the right infrastructure in place. HSBC completely understood our strategy and have enabled us to streamline our business and invest in more staff.”

Donald Rankine, relationship manger at HSBC, added: “Grant Property demonstrated a clear strategy for growth by making the business leaner and capitalising on a buoyant market.

“We were pleased to support the team’s evolving business needs and help the Grant Property realise a key step in its growth strategy.”

 

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