Based in the Black Country, ACL is a furniture manufacturer that specialises in the design and production of bespoke fabric and leather sofas and chairs, and currently supplies most of its designs to major furniture retailers. The £500,000 funding package via the MEIF will be used to progress its product development plans, help launch its new reclining chair range, as well as support working capital requirements.
ACL is a great example of a local businesses Maven aims to support via the MEIF Debt Funds. Other businesses seeking funding to execute expansion plans that contribute to regional economic growth as well as contribute to job creation for the local area can contact Maven to find out if they are eligible to apply for funding via MEIF Debt Finance.