Programme: ENABLE Funding
Fentrade Ltd, established in 2018, manufactures aluminium windows, bi-fold doors and commercial entrance systems for businesses.
With ambitious plans for growth and distribution throughout the UK, the company understood that being able to provide high-volume, top quality products would be absolutely key to their growth.
Managing Director, Chris Reeks, identified that Fentrade needed financing to invest in cutting edge machinery to allow the business to achieve its goals. He approached specialist lender Henry Howard Finance to advise on the most suitable finance for their needs.
Propel’s funding capability, supported by British Business Bank’s ENABLE Funding Programme, enabled them to propose a financing solution for Fentrade that allowed them to invest in the right machinery for their needs, ensuring the business is well positioned for growth.
Chris Reeks, Managing Director, Fentrade Ltd said: “As a newly formed business, we were concerned we wouldn’t be able to get the funding, but the team at Propel Finance were great in explaining the different finance options available to us and really supported us through the decision-making process.”