{"id":536,"date":"2021-07-26T14:07:35","date_gmt":"2021-07-26T14:07:35","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=536"},"modified":"2021-07-26T14:07:35","modified_gmt":"2021-07-26T14:07:35","slug":"self-storage-firm-secures-bank-backing-for-expansion","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/self-storage-firm-secures-bank-backing-for-expansion\/","title":{"rendered":"Self Storage Firm Secures Bank Backing for Expansion"},"content":{"rendered":"


\nA self storage business with sites across the South East is poised for further growth after securing the backing of Lloyds Bank.<\/p>\n

Cinch Self Storage has purchased an already-operational 12,500 sq ft facility in Brighton, comprising units ranging from 15 to 250 sq ft.<\/p>\n

We\u2019re 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.”<\/p><\/blockquote>\n

The acquisition was backed by a seven-figure loan from Lloyds.<\/p>\n

Cinch has existing facilities in Bicester, Chippenham, Huntingdon, Letchworth and Leighton Buzzard.<\/p>\n

\"\"<\/p>\n

Director Richard Owen said: “We\u2019re 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.<\/p>\n

“Lloyds Bank has been by our side throughout the process, providing helpful guidance and support, always with our best interests in mind.”<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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\u2019re 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…<\/p>\n","protected":false},"author":12,"featured_media":537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,5],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/536"}],"collection":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/comments?post=536"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/536\/revisions"}],"predecessor-version":[{"id":538,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/posts\/536\/revisions\/538"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media\/537"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/media?parent=536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/categories?post=536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/uk\/industry-insights\/wp-json\/wp\/v2\/tags?post=536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}