Funding boost for PDA Marketing

PDA Marketing is looking to double its turnover over the next five years after securing a new £1.2m finance facilty.

The West Yorkshire firm specialises in organising the manufacture of outdoor and leisure clothing overseas for leading UK brands.

Its growth plans are based on a projected increase in orders from existing customers and an expectation of new orders from two high street retailers.

The new £1.2m financial facility was provided by Aldermore after the company was advised by Connect Yorkshire.

Calvin Dexter, Aldermore’s regional sales director in Yorkshire, said: “PDA Marketing Limited had a solid track record, strong order book and impressive business plan for future expansion.

“They were seeking an increase in their funding limit to £1.2 million along with credit protection, which we were happy to approve. With financial support from Aldermore, PDA Marketing is now well positioned to be able to take advantage of a growth in orders. We wish them every success for the future.”