A Black Country start-up company which supplies products for highways projects has secured new funding.
Willenhall-based All Traffic Products provides steel tubes, brackets and road signage fittings to large construction contractors building and maintaining roads throughout the 海角视频.
It was founded in March last year and began full operations in September after navigating challenges caused by the pandemic and associated government restrictions.
The company has now secured a new undisclosed funding deal with Santander 海角视频 to help it add more staff to its team of seven and take on new business as well as give it the ability to supply products to clients at short notice.
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All Traffic Products has also moved its day-to-day banking to Santander 海角视频.
Managing director Mark Grice said: "Starting a new business is always a difficult proposition but to do it during a pandemic brings exceptional challenges.
"From the outset, we knew there were some critical decisions to be made regarding finance and cash flow so finding a suitable financial partner was an issue we researched very closely.
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"Ten months on, we have firmly established ourselves in the very competitive highways market and are now looking to bring in state-of-the-art machinery and increase the workforce to meet demand."
Dan Hopkin, invoice finance specialist at Santander 海角视频, added: "The road building and maintenance sector continues to grow throughout the 海角视频 and All Traffic Products is well positioned to play a key role in supplying major contractors with critical components for their work.
"We are delighted to support it in achieving its growth aspirations by providing this funding package and day-to-day banking services."