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PRIVACY
Enterprise

Nottingham outsourcing specialist secures six-figure loan to support long-term future

Prolog Fulfilment has received the backing from HSBC º£½ÇÊÓÆµ

The loan support will ensure Prolog's liquidity through the coronavirus crisis(Image: Prolog)

An outsourcing specialist based in Nottingham has secured a six-figure funding package to help it through the coronavirus crisis.

Prolog Fulfilment, which provides made-to-measure fulfilment services for its clients, has received the loan support from HSBC º£½ÇÊÓÆµ.

The firm specifically offers a range of solutions to its customers, from fulfilment to order, daily order volumes and optimised pick and pack services.

Throughout the Covid-19 pandemic the company has seen an increase in volumes.

The funding package from HSBC will ensure the firm’s cash liquidity remains strong throughout the crisis, protecting its long-term future.

Director Neil Daniells said: "Prior to the lockdown the company was in a strong position.

“However, the funding from HSBC º£½ÇÊÓÆµ will protect the stability of the company throughout these uncertain times.

"I would like to thank Chris and the team at HSBC º£½ÇÊÓÆµ for all their effort in getting this loan secured within just 48 hours.