Bank backs graphics specialist to tune of £500K
SECURE Trust Bank Commercial Finance has provided graphics, print and extrusion specialist Infiniti Films with a £500,000 invoice finance facility, to facilitate the firm’s expansion into global markets.
Based in Liverpool, Infiniti Films supplies slitting, extrusion and rewinding facilities to clients across the UK and Europe.
The start-up company employs four staff members, who specialise in business development management, production, installation and computer systems.
The invoice discounting facility provided by Secure Trust Bank will be used to advance the firm’s ambitious growth objectives over the next three years.
In particular, Infiniti Films plans to scale up its current 7,000sq ft Speke site to a 15,00 sq ft facility as it looks to expand its product offering and break into new markets including the US and China. This will include the purchase of new equipment such as containers, lamination machines and a range of plastic films.
Secure Trust Bank Commercial Finance provides asset based lending facilities from £500,000 to £30m to help SMEs grow. The facility provides working capital against invoices, creating an affordable solution for business needs.
