SGH Civils lands six-figure package from PMD to fund £400K fleet expansion
What's the deal? SGH Civils and Surfacing Ltd, a South Yorkshire civil engineering and surfacing contractor, has secured a significant six-figure asset finance package from specialist broker PMD Business FinanceDealroom has a profile for this one. Try Dealroom →. The funding backs investment in a new fleet, including commercial vans and heavy construction vehicles.
Who's involved? Headquartered in Denaby Main, near Doncaster, SGH employs 30 staff and undertakes civil engineering projects across Yorkshire in the commercial, industrial, residential, and infrastructure sectors. It also handles surfacing work for local authority and private sector clients across the UK.
Why now? The company traces its roots to the mid-1990s, when it was known as Eco Power Civil Engineering Ltd. It rebranded as SGH after a 2025 management buyout by Shaun Hardisty, separating from the wider Eco Power Group.
What's the money for? SGH has invested £400,000 in commercial vehicles and added to its yellow plant fleet. "Since we completed the management buyout in August last year, our focus has been on investing in the growth of the business," said Hardisty, managing director of SGH Civils & Surfacing Ltd.
How's it structured? Beyond the asset finance for new plant and machinery, PMD used the Government Growth Guarantee Scheme to provide additional growth capital. It also arranged an asset refinancing facility to cut ongoing monthly debt commitments.
The signal: The deal shows how post-buyout SMEs are combining asset finance with government-backed schemes to fund expansion without stretching cash flow. "We are pleased to have provided a bespoke funding solution that not only meets SGH's current needs but also supports its ambitious growth plans," said Kai Wynne-Jones, structured finance director at PMD Business Finance.
Read more: Insider Media
