Member Article

Possibilities are endless for Infiniti after new deal

Secure Trust Bank Commercial Finance has provided graphics, print and extrusion specialists Infiniti Films with a £500k invoice finance facility, to facilitate the firm’s expansion into global markets.

Based in Liverpool, Infiniti Films supplies slitting, extrusion and rewinding facilities to clients across the UK and Europe. The start-up company employs four staff members, who specialise in business development management, production, installation and computer systems.

The invoice discounting facility provided by Secure Trust Bank will be used to advance the firm’s ambitious growth objectives over the next three years. In particular, Infiniti Films plans to scale up its current 7,000 sq ft Speke site to a 15,000 sq ft facility as it looks to expand its product offering and break into new markets including the US and China. This will include the purchase of new equipment such as containers, lamination machines and a range of plastic films.

Secure Trust Bank Commercial Finance provides asset based lending facilities from £500,000 to £30m to help SMEs grow. The facility provides working capital against invoices, creating an affordable solution for business needs.

Roy Fearnley, founder and managing director at Infiniti Films, said: “In just a few short months, we have grown our business from a Merseyside-based company to a firm capable of supplying across the UK and Europe. However, as a recent start-up with large ambitions, access to cash is often one of the biggest barriers to growth.

“In order to achieve the next stage of our growth plan, we need to scale up our operations, and the flexible facility provided by Secure Trust Bank will enable us to achieve our potential.”

Alex MacDonald, Sales Manager for the North at Secure Trust Bank Commercial Finance, said: “Rapid growth can be a double-edged sword for small businesses, with many often lacking the cashflow necessary to satisfy the levels of demand witnessed. In these circumstances, finding the right financial backer is essential.

“At Secure Trust Bank, we ensure that we understand the requirements of the business before suggesting a financial package. And as our facilities can expand in line with Infiniti, the business is given the freedom to maximise its growth.”

Andy McCall, Head of Corporate Finance at Langtons Corporate Finance, who was the lead adviser on the deal, said: “This represents an excellent opportunity for Infiniti Films to take advantage of the niche they have found in the market. The flexibility of the facility provided by Secure Trust Bank complements the firm’s growth ambitions, and will be able to take it to the next stage of its development.

“We were impressed by the appetite that Secure Trust Bank had for the deal, and the speed of response displayed by the team, meaning that they were an ideal choice for Infiniti Films.”

This was posted in Bdaily's Members' News section by Jasper Stone .