‘Game-changer’ finance package sees Glaswegian business secure new international customers
Glasgow-based audio-visual integration specialist SSUK, has secured new international and local customers following a six-figure finance package from Santander UK.
SSUK is a leading specialist in providing Audio visual and lighting solutions – such as interactive technologies, meeting room solutions, signage screens and video walls – for businesses across the UK. A £500,000 invoice finance package from Santander UK means the business has had capacity to secure new customers from various sectors including retail, sports and higher education.
The business has been operating for 20 years and specialises in tailored solutions for its customers. It has also secured £280,000 to purchase the premises in Glasgow, cementing the future of the business.
The funding will see SSUK’s annual turnover increase by a further 15% and create 10 jobs locally – on top of the 50 people the company already employs. SSUK has grown from strength-to-strength in recent years, having increased its turnover by 55% between 2015 to 2017 alone.
Keith Forbes, managing director, SSUK, commented: “This funding is a game-changer for us and our business. We have been providing audio visual solutions for businesses across the UK for 20 years – but we see this as a step-change to increase our customer base, employ more staff locally and become the leading AV solutions provider in the country.”
David Baillie, relationship director, Santander UK, added: “SSUK has a proven track record in providing unique solutions for its customers across the UK and has experienced rapid growth in recent years. We are delighted to partner with such a specialised business and look forward to seeing it grow even further.”