Financial backing for Fixing Centre
Posted on 20 Mar 2017 and read 216 times
Woking-based Fixing Centre (www.fixingcentre.co.uk
), which provides stainless-steel fabrications plus high-performance anchors and anchoring systems used in construction and engineering projects, has agreed a £2.4 million asset-based lending package with Bibby Financial Services (BFS).
Fixing Centre managing director Colin Abbott said: “The prospects for the next few years are looking very healthy, as big Government-led infrastructure projects such as the new Queensferry Crossing (pictured) in Scotland begin to deliver work.
“The corporate team at BFS has been able to structure a funding package that meets our needs — both now and in the future — so that we can take advantage of these opportunities and substantially grow our business over the years ahead.
“A business like ours can at times be stock-heavy, as we gear up to deliver on big projects. Being able to leverage assets from within our business by working with a flexible funder like BFS gives us the freedom to concentrate on growth.”