Full speed ahead for MarineGuard Systems’ growth

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MarineGuard Systems

Founded in 1998, design, develop and install marine security systems for superyachts and offshore facilities around the world. Their security systems provide a virtual bubble around a yacht that is capable of recognising and communicating changes in the yacht’s security environment.

MarineGuard Systems transferred its accounts to Santander to support their growth ambitions. The working capital enabled them to release funds, otherwise tied up in ongoing contracts, and target new work outside its core business.

Working with Santander has been a breath of fresh air. With the current uncertainty, our priority has been on building reserves so that we can service our clients and grow the business through new revenue streams.

Richard Webb

CEO & Founder, MarineGuard Systems

They can now focus on growing and expanding the business and continue to diversify and branch into new markets.

It has been a pleasure assisting MarineGuard Systems with transferring their accounts to Santander and their working capital needs. The release of the funds will mean that Richard and his team will be able to pursue further growth opportunities to diversify and take their skills to other markets.

Jo Whatley

Relationship Director, Santander

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