Aldermore Bank has provided a £1.4m (€1.57m) invoice discounting facility to a Berkshire-based IT consultancy, Ntegra.
Ntegra was founded in 2003, and offers digital and IT technical solutions to clients across IT and telecoms, financial services, and education.
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The company runs trips and events for IT executives to Silicon Valley and sites in Europe to access technology companies.
Ntegra hopes the £1.4m facility from Aldermore will help it to continue growth, diversify, and develop Ntegra Greenside, its executive advisory programme.
Andy Jeffries, chief executive officer at Ntegra, said: “Our experience has enabled us to develop a good understanding of what clients need and how to exploit it, and we need to invest in our propositions and our new clients.
“The new funding will support us in our growth plans. We chose Aldermore as they offered a more flexible and straightforward approach than our previous lender.”
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By GlobalDataSteve Kilby, business development manager at Aldermore Invoice Finance, said: “The company has a strong and experienced management team, as well as high levels of external investment which will underpin the long-term success of the company. We are looking forward to helping them to continue their growth story.”
