Cynergy Business Finance provides £250k ABL facility

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Sustainable technologies business, Etesian Green, is planing for growth in 2023, with the help of a £250,000 facility from Cynergy Business Finance.

This facility complements the additional facilities already provided to the other entities within the wider Etesian group.

Based at locations in Southport and Surrey, the business provides a range of renewable energy solutions with an approach from consultation and design through to manufacture, installation and maintenance. It is focused on micro off-grid energy solutions, including wind and solar power, a commitment to reducing emissions and offsetting the impacts of global warming.

With all products developed and manufactured at its own factories, Etesian have, for example, recently developed a range of eco-friendly bus shelters to help incorporate renewable energy into everyday infrastructure. Despite being a relatively new business, it has already gained interest and orders from a large blue chip customer base.

The working capital facility provided by Cynergy Business Finance will allow Etesian to continue to develop the business to deliver on its vision of growth and of ultimately minimising carbon emissions too. This continued growth will not only allow the business to reach and take on new customers but may also lead to further job creation.

Matthew Browne, co-founder and CEO at Etesian Green, said: “Working with Cynergy Business Finance was a breath of fresh air. We could speak directly with decision makers and they understood our requirement to be flexible, whilst taking both our needs and the client’s needs into account. It was clear with Cynergy Business Finance that we were working together at ways to improve and scale our business. This methodical approach is what enabled us to obtain the funding we desired and implement it across the business to help us scale.”

Luke Fitzsimmons, corporate sales director at Cynergy Business Finance, added: “It has been a pleasure to work with such an exciting and innovative business like Etesian Green. Whilst relatively new to the market, it already has the ability to provide a bespoke range of environmentally friendly products to its well-known customer base.

“Stepping into this next phase of growth, I am glad to be working with a company whose products can be easily adapted into everyday services to not only support the environment, but also the local economy. I look forward to continuing to work with Matthew and the team for what is sure to be an exciting year.”

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