Success Story
A Humberside-based locksmith has secured £60,000 from NPIF II – BEF Smaller Loans, which is managed by Business Enterprise Fund (BEF) as part of the Northern Powerhouse Investment Fund II (NPIF II), and BEF’s CIEF2 fund backed by Lloyds Bank and Better Society Capital.
| Region/Nation | Yorkshire and Humber |
|---|---|
| Sector | Consumer Goods & Services |
| Programme | Northern Powerhouse Investment Fund II |
| Partner |
The £60,000 funding will allow J O’Neill & Co, a long-standing family business in Hull, to expand its operations and continue its 80-year tradition of serving the local community.
Founded in 1945 by James O’Neill, the business provides 24/7 locksmith services, garage door installation services, property maintenance, and safe engineering across the East Riding of Yorkshire. Now led by Ben Hicks, grandson of one of the original team members, J O’Neill & Co will use the funding to meet increased demand and purchase new equipment that will improve profitability. The funding will also help create six new jobs and safeguard 30 existing positions, providing a much-needed boost to the local economy.
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