Bulletin

Supplier NMA goes for growth after securing £1m funding

Distributor - A machinery distributor is targeting growth - SantanderCB

A machinery distributor is targeting growth after securing a £1m funding package from Santander Corporate & Commercial. Brighouse-based NMA (Agencies), a major supplier to leading brands such as Screwfix and Homebase, has received around £1m in new funding from Santander as part of a full banking switch to help the firm achieve its forecast growth plans. It has enabled the business to move into bigger premises, which will serve as its long-term base. Managing director Neil McEwen said: 'We are respected beyond measure for the unparalleled service we provide to our nationwide customer base, and now have strong aspirations for future growth – particularly among our portfolio of well-known wholesale clients. The support from Santander Corporate & Commercial is very much part of this growth initiative.'

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

With the second-largest economy in Latin America, Mexico should be a core focus for UK exporters looking at the region

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

The UK’s aerospace industry is the focus of our second quarterly bulletin in partnership with EEF, the manufacturer’s organisation. We take…

Where Next?