Engineering firm targets growth after new funding stabilises cashflow
Worcestershire-based Speedflex Engineering is pursuing a new phase of growth after securing a £650,000 funding package designed to address cashflow volatility and support investment.
The business, which operates as an engineering subcontractor, experienced uneven income streams typical of the sector, prompting it to seek alternative finance to improve working capital and operational stability.
Provided by Time Finance, the funding comprises a £250,000 confidential invoice finance facility alongside a £400,000 asset finance fa... 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...
