Leicester-based Trifibre (www.trifibre.co.uk
), a leading UK casing and packaging manufacturer, has secured support from HSBC UK through facilities including the Coronavirus Business Interruption Loan Scheme (CBILS). The company supplies numerous industry sectors including aerospace, medical, oil and gas, engineering, audio visual, as well as the defence sector and emergency services.
Trifibre is a specialist in supplying cases as well as storage and handling solutions to the medical sector. Since the start of the pandemic, the company has been manufacturing cases, packaging and foam products for medical equipment including Covid-19 testing kits as well as PPE for both the NHS and its suppliers.
Trifibre are continually developing new products including operational systems and tooling, including a new range of rotational moulded cases, which the company is starting to manufacture internally later this year and a new customised CRM system designed by its sister company Xapsys Ltd (www.xapsys.co.uk
). The funding from HSBC UK will be used to support the company overheads during this period of uncertainty.
Trifibre managing director Chris Cox said: “Like so many other businesses, we have had adapt during this period but with the additional support from HSBC UK we feel we are in a position to be able to push forward, safe in the knowledge that we are in the best position possible to resume ‘business as usual’ once the country comes out of lockdown.”
Kate Beretta, HSBC UK relationship director (East Midlands corporate banking), said: “HSBC UK is committed to supporting its customers during this period of uncertainty and we were delighted to be able to support Trifibre with the additional facilities as the business looks to embark on new manufacturing projects. With every business facing different challenges, it’s important we tailor each package to give customers the best solution to their individual circumstances.”
HSBC UK is working closely with the Government and UK Finance to identify emerging issues and make sure customers and businesses have the advice and support they need. For tips and advice for businesses around planning for any possible disruption, visit www.business.hsbc.com/novel-coronavirus