New RBS funding for Samuel Jones Ltd


New RBS funding for Samuel Jones Ltd

Samuel Jones Ltd, a manufacturer of adhesive labels and paper have agreed a new funding deal with RBS Invoice Finance to support their business plans and aspirations.

The company is a dedicated supplier of material primarily for self-adhesive labels on paper and synthetic substrates which are used in the printing and manufacturing sectors in the UK. Samuel Jones Ltd is located in modern 120.000sq ft premises in Sawtry. The company supplies the UK market as well as Australia and New Zealand. The UK business is run by Gary Dew, who has worked in the industry for over 30 years.

RBS Invoice Finance has become the company's new funding partners to support both the current operations and growth aspirations of the company.

Commenting on the new funding line and the prospects for the company, Gary Dew, director, Samuel Jones Ltd said: "We are pleased to have secured this new funding line. We have a clear strategy for the growth of the company in the UK, which continues to be a growing market despite the effects of the recession. To this extent we have been recruiting additional sales personnel to push forward the company's brand even further, and part of the additional funding will allow us to build our marketing operations further."

Henry Audley-Charles, business development director at RBS Invoice Finance added: "There is an experienced industry team at Samuel Jones. With our funding in place, and structured so that it grows with the sales of the business, we look forward to working in partnership with Gary and the management team."

Latest news

RBS to help 2.5 million people each year to be more financially capable

RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.

RBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market

RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.

RBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023

RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.

Set Tab for lightbox