Manufacturing Magazine February 2018 | Page 30

PEOPLE AND SKILLS

“ THERE ’ S A HUGE AMOUNT OF OPPORTUNITY FOR MANUFACTURING BUSINESSES AT THE MOMENT TO TAKE ADVANTAGE OF SOME OF THE CURRENT ECONOMIC CONDITIONS . WE ’ RE REAL BELIEVERS IN THE MANUFACTURING INDUSTRY AT GROWTH STREET ”

– GREG CARTER , CEO , GROWTH STREET
of money to improve its operations and allow it to unlock a 50 % increase in turnover over the coming year . This is a business struggling to get access to the capital it needs to expand and drive productivity growth . It ’ s a common challenge .”
So what examples are there of Growth Street providing financial assistance in the manufacturing industry ? “ We have a really interesting business that came on in the spring of
2017 and it ’ s been using GrowthLine to expand their stock positions . They manufacture valves for heavy industrial machines , principally within the power and energy sector , and by utilising GrowthLine it ’ s been able to expand its stock position and invest in new assets such as industrial power generators . They ’ ve then been able to sell those on to companies in the UK looking to protect themselves against power outages .”
30 February 2018