A Birmingham-based licensed train operating and driver training company has secured a GBP750,000 funding package to create new jobs roles, develop new products and bolster marketing strategy.
SLC Operations Limited (SLCO) received GBP500,000 from Midlands Engine Investment Fund’s (MEIF) West Midlands Debt Fund, managed by Maven Debt Finance, GBP250,000 from an existing investor, and backed by the Recovery Loan Scheme (RLS).
The funding will also help to create 28 skilled jobs in the region, doubling SLCO’s existing workforce of more than 20 staff.
