Published: Jun 21, 2021
Focus: MEIF Maven Debt Finance
FC Laser specialists in engineering and metal fabrication, has received a £1.5 million loan from the Midlands Engine Investment Fund, the East & South East Midlands Debt Finance fund, and Coronavirus Business Interruption Loan Scheme (CBILS) managed by Maven. The business will use this capital injection to purchase specific technology to enable automation and expansion in some of its key processes at its two sites in Derbyshire.
The business provides precision laser cutting and metal fabrications that incorporate the latest in fibre technology. The company’s investment in machinery will enable the cutting of a variety of metals to ISO 9001 standards and allow the business to be recognised as one of the national leaders in British laser cutting. F C Laser has completed several national projects and supported an impressive list of clients from a variety of sectors including: Nottingham University, Countrywide Property Services, Sapphire Balconies and Notts County Football Club.
With the funding provided by MEIF Maven Debt Finance, the business aims to become even more efficient so it can deliver on a greater range of projects across the UK. FC Laser are another good example of an East Midlands based business that is growing within Nottingham’s thriving engineering space.
FC Laser was founded in 2011 and is backed by a strong management team that has over 20 years combined engineering and commercial experience.