Coronavirus Business Interruption Loan Scheme (CBILS)  



Edward Taylor founded diamond core drilling business, Dymacore in 2014, initially launching the business as a consultancy before moving into drilling and sawing operations.

Working across the South West with everyone from national construction companies and local building contractors to civil engineering companies and private developers, Dymacore provides diamond core drilling, technical concrete cutting and robotic demolition.

With highly specialist and therefore expensive equipment, Edward applied to SWIG Finance for funding and was successful in accessing £10,000 via the South West Loans Fund, European funding for small and medium sized businesses, unable to access sufficient finance from the banks.

Edward said: “Our aim is to double turnover and workforce by May 2016. Starting a business hasn’t been easy; it’s taken a huge amount of dedication, organisation and hard work, but without SWIG Finance’s help, support and advice, I may still have been stuck in a job I wasn’t sure about!