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“LCE is a great option for businesses that might not be able to access finances through banks, it can help your business expand immensely.”
Meet Our Client
CAE Tech, an innovative Leamington-based software and technology provider, has proven ability to mass customise designs for manufacturing and give customers the freedom of choice while allowing the manufacturer to use efficient production processes. With their solutions, design to manufacturing becomes a seamless process. Mass-customisation is a key trend in manufacturing, driven by demands of consumers for choice, and by sustainability factors - by enabling “build-to-order” processes their solutions can reduce waste and allow multiple manufacturing locations to be closer to the consumer. Thus, bringing the manufacturing Sector one step closer to Net Zero.
Why did you choose the Local Community and Enterprise Fund (LCE)?
“As an SME our finance needs combined cash flow, capital expenditure and investment in growth. Our experience with banks is that these mixed needs are not considered, luckily CWRT has a more considerate and holistic approach. The Local Community and Enterprise Fund was the perfect solution for our situation and is helping us to expand our existing projects and put our growth plans into practice.”
How did it help you?
“LCE is allowing us to start developing new industrial hardware. New improvements have added value to the current clients, increased clients trust, and helped us secure future projects. The new equipment has helped us to define a clear path to our objectives: bridge the gap between design and manufacturing and make mass customisation achievable and accessible.
Conclusion
“LCE is a great option for businesses that might not be able to access finances through banks. You shouldn’t shy away from LCE just because of the interest rates as it can help your business expand immensely. If you lack security CWRT might be able to offer the Recovery Loan Scheme alongside LCE to help you secure finances.”
Through LCE, Warwickshire County Council and CWRT have lent over £200,000 to a variety of businesses within Warwickshire.
Unless otherwise stated, we are the owner or licensee of all intellectual property rights in all material on the website. Reproduction of any form of content, information, imagery or data from our website is prohibited without our prior written consent. The website exists to give you information about our products and services. We will endeavour to keep the information on our website up to date. You should not rely solely on the information on this website – if in doubt about our services, please call us on 024 76551 777, we will be more than happy to talk you through the available options.
We are authorised and regulated by the Financial Conduct Authority (FCA), our Reference Number is 743876. Our company house number is 05188971.
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