A Mold business that provides fire and security services has secured a six-figure finance package from HSBC to help it grow its franchise model. Jackson Fire & Security, which was founded by Steve Jackson in North Wales more than 25 years ago, currently has five franchisees based in the Wirral, Liverpool, Leeds, Cambridge and Warrington. The funding package, which is made up of a series of working capital facilities, will help the business attract up to 12 new franchisees a year and recruit up to 20 new members of staff in the next 12 months.
Martin Lyons, HSBC s area director in North and Mid-Wales, said: “Jackson Fire & Security has been operating successfully for more than 25 years but it has only been in the last three years that its franchise model has been rolled out.
“In order to continue growing the franchise business, the company required a flexible finance package that would allow it get in front of new franchisees and customers.
“The business is already in talks with a number of possible new partners.”
Jackson Fire & Security offers a variety of services including emergency lighting, fire alarm solutions and CCTV for businesses.