Waterlooville-based Spirit Circuits (www.spiritcircuits.com), a manufacturer of printed circuit boards, has received a £4.1 million funding package from Bibby Financial Services (BFS) to drive future growth.

Combining invoice finance, trade finance and foreign exchange facilities, this will enable the business to aim for 20% year-on-year growth by 2019.

CEO Steve Driver (pictured) said: “BFS really understood our business and provided the support that no other funder could. Crucial to our continued success was having a trade finance package that could help us operate in overseas markets.”