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The Business Magazine November 2023
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CBils boost for design and building company

6 September 2021
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Bristol-based bespoke renovation specialists, Missiato Design and Build has received a £200,000 CBILS-backed loan via SWIG Finance.

Over the last 12 months the business has experienced a period of rapid expansion, and the loan was required to help ease its cashflow as the business transitions through this phase of growth.

Missiato Design and Build undertakes bespoke projects such as new build homes, interior and exterior renovations, loft conversions and landscaping.

The business is led by Adamo Missiato and Luke Sperring, who have both enjoyed successful careers as skilled tradesmen themselves.

Missiato currently employs 20 staff and 15 sub-contractors, with a new administration role being created to support business growth. The business plans to create more jobs in the coming year.

Adamo said “Due to the nature of our business, our cashflow can be complex. We work on multiple projects simultaneously and our material expense is high, which can skew our profit and loss statement. We knew we needed a lender who could look beyond the immediate figures and view the business as a whole, which is what SWIG Finance did”.

When the directors identified a need for external finance, they approached Jack Seymour of Pinnacle Business Finance, who connected them with SWIG, the South West’s leading Community Development Finance Institution (CDFI).

Of the funding, Jack said ‘’When I initially spoke to Adamo from Missiato Design and Build it was evident that he was very ambitious with a clear vision of how he wanted to grow the business.  I worked closely with Adamo to get an In-depth understanding of how best to facilitate his requirements for funding.  SWIG’s CBILS loan was the ideal solution for Missiato Design so the business could continue to grow whilst fulfilling larger more complex works. As a lender SWIG take a holistic view of their clients and gain a full understanding of the business, which allows them to lend with confidence.  It is always interesting working with SWIG and I am delighted that, together, we were able to secure the funding that the business required’’.

SWIG Finance’s business manager, Jordan Berg, who worked closely with the business owners and their finance broker to secure the funding, commented “SWIG Finance exists to serve businesses like Missiato Design and Build – we pride ourselves for being able to lend by looking at the bigger picture. Missiato Design and Build has grown substantially over the last year with the pandemic playing a role in fuelling a surge for home improvement projects. The business has a solid order book for the year ahead and 2021 is set to be a record year for them”.


Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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