Secure Trust Bank Commercial Finance has provided signs manufacturer MBM Display and Digital, with a £50,000 (68,800) invoice discounting line to support the acquisition of Tell Tale Signs.
UK-based MBM Display and Digital Limited, who also provides advertising solutions, will use the amount provided by the commercial arm of Secure Trust bank to fund the acquisition of sign manufacturer Tell Tale Signs.
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The facility will also be used to improve cash flow for the business and help fund new machinery, enabling them to fulfil their long-term growth strategy.
As part of the deal, the two companies will trade under the name MBM Display and Digital Limited.
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By GlobalData
