Derbyshire lubricants firm lands £250,000 loan

(L-R)Peter Sorbsy of Mercia, John Warner of BHP Chartered Accountants and Paul Harries of Barclays
A Derbyshire industrial lubricants specialist has landed a £250,000 loan from NPIF-Mercia Debt Finance. Aztec Oils says it will use the money to fund the first stage of its three-year £1.2m expansion project which will increase storage capacity and turnaround times at its Bolsover site. The company, which manufactures and distributes high-performance lubricants, is targeting 20% growth in the current financial year, having increased turnover by 18% last year. Aztec was established in 1995 by Mark Lord and initially operated fr... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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