New loudspeaker manufacturer booms with £850k funding
Liverpool-based Bibby Financial Services has provided an £850,000 funding facility to a new entrant to the high-end loudspeaker audio market.
The funding line includes export invoice discounting as well as a foreign exchange facility which will help the business access working capital and fund its export debts to reach its growing international client base.
Based in Glasgow, Fyne Audio is the brainchild of a group of former employees from a prestigious Scottish-based loudspeaker manufacturer.
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