A Gloucestershire consultancy business has received a £15k Start Up Loan boost through SWIG Finance to invest in a new workshop and equipment.
Carbon Magics offer its customers best-in-class technology research and product development crossing over multiple disciplines, such as AgriTech, Clean Tech and Assistive Technologies.
The British Business Bank has announced that, through the Recovery Loan Scheme, accredited lenders have offered nearly £302m to smaller businesses in the South West as they steer a path towards a sustainable recovery.
Of the £301.9m of total funding offered through 1,678 facilities, £250.4m has been drawn down through 1,544 facilities.