IGF, the leading commercial finance provider for SMEs, has delivered a total of GBP16.27 million to SMEs within the UK’s manufacturing sector over the past year.
Since its management buy in/buy out in 2016, IGF has financed a total of 12 manufacturing businesses nationwide across a variety of trades including insulation, piping, FMCG, steelworks, household textiles, and windows. The funding delivered ranges from a GBP50,000 invoice finance facility to a GBP5 million asset based lending facility, with IGF funding assets including stock and property.
John Onslow, CEO, Independent Growth Finance, says: “The UK’s manufacturing sector has historically been strong, and continues to show growth despite uncertainty over the current political landscape. We are delighted to be able to financially support the needs and ambitions of the country’s industrial business.”
