HUDDERSFIELD TEXTILE COMPANY SUPPLIES PPE MANUFACTURING EQUIPMENT WITH HSBC UK SUPPORT
Eastman Staples, a Huddersfield-based garment and textiles supplier, has provided vital equipment to manufacture Personal Protective Equipment (PPE) for the healthcare industry after receiving a £300,000 loan from HSBC UK through the Coronavirus Business Interruption Loan Scheme (CBILS).
Eastman Staples traditionally supplies a range of equipment such as sewing machines, fabric and textile tools to clients across the garment industry. However, with demand for PPE across the UK surging, the company was inundated with requests from the NHS, its suppliers and factories searching for machinery and materials.
The six-figure funding package from HSBC UK has enabled Eastman Staples to quickly source and supply a range of equipment and machinery to their clients. Most recently, the company has supported volunteers of the “Scrubs Glorious Scrubs” campaign, who are creating colourful patterned scrubs for doctors and nurses working on the front line; and Northumbria NHS Trust, which has opened a PPE factory to help beat the supply crisis. To date, Eastman Staples has provided equipment including sewing machines, chairs, garment rails and mannequins to these clients at a time of unprecedented need.
Peter Kyprianou, Director at Eastman Staples, said:
“As with many businesses, Eastman Staples has faced uncertain times during COVID-19, which has required us to quickly adapt our business model to clients’ needs. We were inundated with requests from PPE suppliers who were desperately trying to meet demand and we were determined to help them, but this would not have been possible without the HSBC UK team, including Navin Sharma and Joanne Evenden. The funding has enabled us to meet these urgent orders and helped to keep the business trading throughout this challenging time.”
Andrew Kyprianou, CEO at Eastman Staples, added:
“I’m extremely thankful to Navin Sharma and the wider team at HSBC UK for their support, not only in the current situation but since we began working with them in 2014. They have been a major contributing factor to the company’s growth.”
Navin Sharma, Relationship Director for Corporate Banking, HSBC UK, commented:
“It’s vital that every solid business has the chance to survive during this challenging situation. The team at Eastman Staples has been incredibly flexible and dedicated during an uncertain time and we are humbled to support them as they strive to supply vital machinery. We look forward to seeing further demonstrations of how the business is helping their healthcare clients over the coming months.”
HSBC UK is working closely with the Government and UK Finance to identify emerging issues and make sure customers and businesses have the advice and support they need. For tips and advice for businesses around planning for any possible disruption, visit www.business.hsbc.com/novel-coronavirus.
The new measures build upon the package of support that HSBC UK has already announced for business customers: