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Chap in bank switch as it seeks to grow

Construction firm Chap Group is preparing to accelerate its expansion plans after signing a £20m finance deal with Santander. The Westhill-based company employs about 200 staff and turns over around £45m a year. Joint managing director Hugh Craigie explained: 'The agreement with Santander is important as we plan for the future. One of our key aims is to expand our development pipeline and, having bolstered our team with that objective in mind, we are actively pursuing sites across the region.' Jamie Ritchie, senior relationship director at Santander Corporate and Commercial Banking, said: 'The Chap Group is set to embark on an exciting period of growth, and we are delighted that the management team has chosen to partner with Santander to help the company realise its aspirations.'

 

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