Owner and managing director of Little Inspirations Jenine Gill (pictured, centre) received a six-figure commercial mortgage from HSBC to acquire a new nursery in Newport.
The new setting, Little Inspirations Newport, opened in January. The 3,100 sq.ft setting offers baby, toddler and pre-school rooms, as well as a newly refurbished secure garden and on-site catering facilities.
It is registered to provide places for up to 59 children who will be looked after by 13 members of staff.
The nursery was previously owned by Buzzy Bees Nursery for 10 years.
This is Little Inspirations' fifth setting. The group, which was founded in 2003, operates four other nurseries in sites across the region, with settings in Llantrisant and Rhydyfelin, and two in Barry.
Ms Gill said, ‘We take great pride in being able to offer the best day care for children that we can and are passionate about growing our business. The process of securing the mortgage was very smooth and Ieuan Lloyd, our relationship manager, was supportive and helpful, keeping us keep up to date with progress at every stage.’
Stephen Yorke, HSBC’s area director for South Wales, added, ‘HSBC is dedicated to helping small businesses across South Wales grow, so we are proud to see Little Inspirations taking the next step in their ambitious expansion strategy and we hope to support them again in future endeavours.’
Ms Gill said Little Inspirations plans to open two further nurseries in the South Wales area in spring 2019.