Success by Design

A contemporary interior accessory design business working out of an old blacksmith’s forge on a Cornish country estate was founded in 2001 with the help of SWIG finance of £8,000 for marketing and R&D costs. The company now designs for worldwide distribution, including West End stores, the Oscar awards, Cannes Film Festival and Orange mobile phones. For the full story click here.

Jobs Saved as Firm Takes Over Neighbour

Jobs were saved and the future looked bright again for a specialist Redruth engineering company following its takeover by a neighbouring firm.

A funding package comprising bank finance and a SWIG loan of £50,000 enabled the acquisition to go ahead, saving local skilled jobs which would otherwise have been lost. For the full story click here.

SWIG Completes the Funding Jigsaw

A market leader in vibration monitoring equipment required capital to finance expansion into overseas markets.

A high street bank offered funding through the Small Firms Loan Guarantee Scheme on condition that third party finance could also be attracted. SWIG agreed to provide repayable finance for 10% of the total project cost of £200,000. Seemingly a modest proportion, it was, in many ways, the most significant, creating the confidence necessary for the bank to proceed.

The company quickly developed new products which achieved immediate success overseas. New employees have been recruited and turnover looks set to increase by 50% over the next three years.