Audio visual firm gets signpost to invoice finance facility

LLABORATE, a supplier of audio and visual technology systems, has secured an invoice finance facility from Secure Trust Bank Commercial Finance to boost the firm’s headcount and support its growth strategy.

The Bolton-based firm specialises in providing interactive technologies and digital signage.

It supplies products such as audio conferencing units and internal and external videowalls to clients including Manchester City Football Club, Bruntwood and the NHS.

LLaborate has recently been working on the installation of interactive touch screens at The University of Bolton.

The team also supplied and installed a nine screen videowall at the University Technical College Bolton due to open in September 2015. LLaborate will also complete the audio visual and system integration at the new Castle Hill youth zone managed by Bolton Council Children services.    

The facility provided by Secure Trust Bank has enabled the business to focus on its growth objectives. The company is now planning to boost its current staff count of 10 by taking on new directors.

The firm also has plans to invest in its apprenticeship scheme, with the addition of four trainees for each of the next two years.

LLaborate founder Lee Bevan said: “It has been fantastic to work with Secure Trust Bank – the team provided exceptional service and were always willing and able to adapt to change. The bank is clearly business-minded, offering us a flexible facility that will grow as we grow, providing us with continued scope for innovation as we break into new markets.”

Alex Macdonald, regional sales manager at Secure Trust Bank Commercial Finance, added: “The services offered by LLaborate are set to become increasingly valuable to businesses and schools across the UK.  The business is well positioned for its planned growth over the next few years.”