The deal will help the Cable-Tec, a cable and controls supplier, to purchase a £550,000 industrial unit and headquarters in Sutton-in-Ashfield.
According to Reward, the facility will guarantee the company long-term future in the region.
Steph Brown, regional director at Reward Finance Group in the Midlands (pictured above, left), said: “To be able to support Kevin and his thriving business through a property acquisition that will safeguard the future of his local workforce is hugely rewarding.
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“Having a secure manufacturing base in the region that the business can now call ‘home’ also opens up so many opportunities to drive future growth.”
Kevin Whincup, owner and managing director at Cable-Tec (pictured above, centre), said: “Being in a position to acquire the manufacturing facility is critical to our future growth aims and commitment to retaining our highly skilled workforce, who are all based locally.
(Pictured above, left to right: Steph Brown regional director in the Midlands at Reward Finance Group, Kevin Whincup, owner and managing director at Cable-Tec, and Becky Hayward, relationship manager at Reward Finance Group)
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