Member Article

Sheffield product design firm secures £40k Finance Yorkshire business loan

A product design and manufacture consultancy has consolidated a move to new premises in Sheffield’s Creative Industries Quarter with a £40k Business Loan from Finance Yorkshire.

HJC Design Limited, which last year relocated to 192 Shoreham Street, itself recognised as one of 2012’s most interesting buildings, operates a full design and manufacture service.

The award winning company works across the consumer, industrial, automotive, food and beverage, medical and sports sectors, creating inspiring products and new brand identities.

It is using the Business Loan from Finance Yorkshire to fund a period of expansion following its relocation from Barnsley.

Director at HJC Design, Matthew Conley said: “This Business Loan comes at a really opportune time for our business. Having relocated to a thriving creative area in the heart of Sheffield, we are looking to a period of growth where additional equipment and working capital are vital for continued growth.”

Finance Yorkshire portfolio manager David Ward said: “Against the challenging economic conditions of recent years, HJC Design has consistently grown and increased its net worth. Prospects for future growth are encouraging, and we wish them the best of luck in their new premises.”

HJC has a strong reputation for combining striking aesthetics with innovative technology, helping rejuvenate brand identities for a wide range of clients within the consumer, industrial, automotive, medical and sports sectors.

The multidisciplinary team operates a full design & manufacture service, resulting in a streamlined product development process that achieves business targets and assures commercial success. www.hjcdesign.co.uk

Finance Yorkshire provides seedcorn, loan and equity linked investments, ranging from £15,000 to £2 million to help a range of small and medium sized businesses to meet their funding requirements for growth and development.

The project is supported financially by the European Union. It has attracted £30 million investment from the European Regional Development Fund (ERDF) as part of Europe’s support for the region’s economic development through the Yorkshire and Humber ERDF Programme, £15million from UK Government and £45million match funding from the European Investment Bank.

This was posted in Bdaily's Members' News section by Clare Burnett .