Friday, May 29, 2020

Leicester manufacturer secures COVID-19 support

UK casing and packaging manufacturer, Trifibre, has secured support from HSBC UK through facilities including the Coronavirus Business Interruption Loan Scheme (CBILS).

Based in Leicester, the company supplies numerous industry sectors including aerospace, medical, oil and gas, engineering, audio visual, as well as the defence sector and emergency services.

Trifibre is a specialist in supplying cases as well as storage and handling solutions to the medical sector. Since the start of the pandemic, the company has been manufacturing cases, packaging and foam products for medical equipment including COVID-19 testing kits as well as PPE for both the NHS and its suppliers.

The funding from HSBC UK will be used to support the business’s overheads during this period of uncertainty.

Chris Cox, Managing Director at Trifibre, said: “Like so many other businesses, we have had adapt during this period but with the additional support from HSBC UK we feel we are in a position to be able to push forward, safe in the knowledge that we are in the best position possible to resume ‘business as usual’ once the country comes out of lockdown.”

Kate Beretta, HSBC UK Relationship Director East Midlands Corporate Banking, added: “HSBC UK is committed to supporting its customers during this period of uncertainty and we were delighted to be able to support Trifibre with the additional facilities as the business looks to embark on new manufacturing projects. With every business facing different challenges, it’s important we tailor each package to give customers the best solution to their individual circumstances.”

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