Member Article

NB Data secure finance facility from Secure Trust Bank

Whitefield-based NB Data, a distributor of telecoms and IT equipment, has recently secured an invoice finance facility from Secure Trust Bank Commercial Finance.

The facility provided by Secure Trust will primarily be used for cash flow and staff-development purposes, with NB Data looking to double its sales force over the next 18 months.

The business supplies large and medium-sized blue chip organisations and government bodies, offering all the leading brands from within its own sector.

Formerly based in Salford, the company has recently moved to new 10,000 sq. ft. premises as part of its development.

Managing director of NB Data, Neil Hinde, said: “With a strong established and growing client base, we went to Secure Trust to gain access to the funding that would fulfil our growth plans.

“The flexibility they offered against a high-street lender is far better than anything I have come across in the past, enabling us to access funding in line with our growth objectives.

“It has been a pleasure working with Secure Trust Bank, and I’m looking forward to developing our relationship as the business continues to expand.”

Regional sales manager at Secure Trust Bank, Alex MacDonald, said: “NB Data’s move to its new premises in Whitefield represents a step towards the next stage in its development.

“By looking to bolster its sales team, the business will be able to extend its services along with its client base, while maintaining excellent customer service, putting the firm in an excellent position to maximise growth.”

This was posted in Bdaily's Members' News section by Sophia Taha .