Great Fridays eyes expansion

A MANCHESTER-based digital agency has secured a £125,000 enterprise finance guarantee (EFG) loan from NatWest to support its growth plans. 

Great Fridays, established in 2008, has a portfolio of blue chip clients including ITV, Next, Debenhams and Vodafone. It is targeting a turnover of £3m by the end of this year on the back of further contract wins.     

The agency is owned by directors Matt Farrar and Rob Noble, and rock star Peter Gabriel holds a minority stake through his Real World Holdings company. 

It employs 34 people and handles digital campaigns, games, web development and ecommerce strategies for its clients.

Matt Farrar said: “We have built a strong client base and undertaken an extensive array of projects for an agency of our size.  We plan to use this experience to proactively grow the business during the next 12 months in both the UK and overseas. Securing EFG funding is an important development as it will help us to pursue some of our growth plans.”