Essex Company Secures Trade Finance Loan

Acoustic Hubs, based in Saffron Walden, Essex, is the first company to be supported by the East of England Regional Trade Finance Loan Scheme. Acoustic Hubs is a new company developed in response to the changing nature of the workplace. Workspace matters. Looking after personnel matters. Increasingly, with workplace stress reputedly the second biggest occupational health problem in the UK, trends in well thought-out office design have reflected the growing need to provide a calming and nurturing working environment. As stated by Paul Farmer, CEO of MIND, “It’s crucial that staff have inspiring, flexible working environments.”

The Hub – a solid wood and glass multi-purpose space – is designed with the key idea of a return to the natural world as its basis, using high quality wood (kiln-dried Douglas Fir), glass, fabrics and paints. The Hub is all about creating a space within the working environment which will have a positive effect on a workforce in terms of creativity, productivity and well-being. It is a space where people can gather and communicate, teach and learn, or think and concentrate. Each Hub is environmentally friendly and designed with the employee at heart.

Nick Turner, Managing Director at Acoustic Hubs, says, “The purpose of Acoustic Hubs is to encourage positivity and creativity and we are thrilled that this ethos has been so well accepted both by our lender and our clients. I have every faith in the business, but to receive orders from some of the biggest global companies in household interior design, the insurance sector, and UK Universities is testament to how popular this concept is. We very much look forward to pressing ahead in 2017, expanding the business and seeing the positive impact the Hubs have on our clients.”

Stuart Ager, Senior Fund Manager at Finance East, comments, “We launched the East of England Regional Trade Finance Loan Scheme with the aim to support established local businesses who have short term requirement for finance. Acoustic Hubs is a perfect example of this, with outstanding levels of interest in the company and considerable sector experience, the company is sure to go far. Nick and his team are dedicated and enthusiastic, all the ingredients are there for a successful and prosperous business.”

The East of England Regional Trade Finance Loan Scheme, which is funded by UK Government, provides up to £200,000 of loan funding to established businesses based in the region that show strong growth potential and are seeking funding to deliver that growth.

For more information about the East of England Regional Trade Finance Loan Scheme, please visit www.thefsegroup.com/fund/east-of-england-regional-trade-finance-loan-scheme or contact Stuart Ager at stuart.ager@thefsegroup.com tel: 01473 722910.