Location

Bury St Edmunds, Suffolk

Amount lent

£2m investment

Why

With nearly 20 years in business, the marketing agency has a UK-wide customer base and it specialises in providing digital and mailing services to business and consumer-focused clients.
Looking to increase staff numbers and having outgrown its existing leased premises, the company secured a healthy finance package through NatWest and RBS Invoice Finance.
The deal has facilitated the purchase and renovation of a 25,000 square-foot unit and as a consequence of this, twenty new roles, including digital developers, have also been created.

Thanks to an increase in both space and capacity, the company has since launched a new healthcare products business, Precision Healthcare, which supplies natural medicines to pharmacies and health food stores.

In order to purchase new equipment and invest in renewable energy sources, further funding has been provided through the bank's asset finance arm, Lombard, the Local Enterprise Partnership's Growing Business Fund and the Grants for Growth Fund.

Key individuals involved

Matthew Caldwell-Nichols, Managing Director of Precision Marketing Group, and Sharon Ridgeon, Senior Relationship Manager for NatWest.

distributed by