HNS Signs gets a boost
Birmingham-based finance company Central Finance, has recently supported HNS Signs in its investmentin new technology and the recruitment of an additional apprentice and three other members of staff.
Wishing to take advantage of the improved economic climate, the Birmingham-based signmaker asked Central Finance to help finance its future development plans by accessing Governmentgrants to subsidise its investment in new technology and the cost of employing and training additional staff.
Alison Bradley, Managing Director at Central Finance commented:
“Even in a recovering economy, commercial finance is a complex market and a significant experience of grant application and fund sourcingis required to ensure that any finance package works for the business.
She continued: “Grants are usually given for a particular purpose, can be geographically bound, and are aimed at specific sizes and types of organisation. They come from a variety of sources,such as central government, regional and local government, the European Commission and various other national and local bodies. Some areas of the UK are favoured above others and, happily for HNS signs, Birmingham and the West Midlands is currently achieving high success rates with many clients achieving grant funding.”
HNS Signs, which has used some of the funds to acquire a wide format printer and a CNC router, is already seeing a return on investment, having won national contracts from Bargain Booze and Wine Rack.