NW Security Group specialises in the installation of IP-based CCTV and integrated security systems and has secured a £200,000 Government-backed loan. Tony McDonough reports
A specialist Wirral security firm that offers systems and services to protect businesses and high net worth individuals has secured a £200,000 lifeline under the Government’s coronavirus support scheme.
Established in 2004, NW Security Group specialises in the installation of IP-based CCTV and integrated security systems and also provides security consultancy and training services.
However, with the effective shut down of a number of industries, many of the clients that they serve were not able to continue with planned projects, presenting significant challenges on the business until normal trading resumes.
Now the company has secured a £200,000 loan from Barclays through the Government backed Coronavirus Business Interruption Loan Scheme (CBILS). This will enable the business to to maintain jobs and ongoing surveillance of client assets and premises.
Frank Crouwel, managing director of NW Security Group, said, “A couple of months ago, nobody could have predicted the challenges we were about to face. We are thankful to be serving clients who still need their premises, assets, people and data protecting despite the lockdown restrictions.
“Having said that, it was hard to predict how clients’ needs would change amidst the pandemic confusion. We therefore had to plan for the worst-case scenario so we took the responsible decision and spoke to Barclays.”
Barclays relationship director, Helen Hutchison, added: “Frank and the team have built a cutting-edge business who have really led the way helping to create a technology business hub in this area, so when coronavirus impacted them, we moved quickly to discuss how Barclays could help.”