Double turnover is expected for global IT specialists in Coventry thanks to funding from Central Business Finance.
Kagool Ltd, a Coventry based data analytics and ERP specialist will double its turnover thanks to Central Business Finance, a Midlands based, independent FCA approved finance broker, who secured a new funding facility to develop four international development facilities recently including moving to a larger premise in Coventry hiring 150+ employees over the last 24 Months
Established in 2004, Kagool boasts a number of satisfied customers including Cadent Gas, McLaren, Walgreens Boots, Smiths Group, Kohler, to name a few and is part of the digital revolution in the West Midlands investing in new innovative technologies including the launch of Velocity. Developed in partnership with Microsoft the industry-leading data migration solution, is designed to simplify and accelerate the full end-to-end process of moving data from inhouse systems to Azure.
Dan Barlow, Group CEO at Kagool says: “We are one of the fastest growing IT service providers in the UK, and we can only develop new innovative solutions and technology with access to funding. It is our business to make others run smoothly and securely. We are very customer focussed with a deep understanding of IT modernisation solutions. Accessing and understanding funding is not our forte, which is why we reached out to the experts at Central Business Finance.”
Steve Harris, Director, Central Business Finance, adds; "We have a number of high growth clients at Central Finance and it is a real privilege to work with Kagool and see them grow over the years by accessing the right funding for their business. The Midlands is a driving force in digital technologies and it is great to see investment in the region and for Kagool to access this to continue their ambitious growth plans.”
Dan Barlow continues: "Our pace of growth is fast, and to spend time reviewing finance options would not be in the best interests of our clients – which is where Steve & Nick and Central Business Finance came and took the time to understand what we wanted to achieve, what our plans are for the future, the overall market and provided options for us to meet our objectives. It is useful to have someone purely concentrate on the funding elements of our growth plan, so that we can continue to serve our customers and identify opportunities to innovate without being bogged down by red tape and fiscal jargon.”
Central Business Finance works with hundreds of businesses each year supporting investment into innovative technologies, acquisition and growth strategies to keep businesses afloat in difficult times to making dreams come true for first time entrepreneurs.