Trading for: 7 years+
Sector: Commercial Printing
Reason for funding
- Unsecured business loan
- Fixed repayments
- £65,000 over 24 months
- Replacement of machine parts
- Fulfilment of new contract
When it comes to great footballing rivalries, you might think of Manchester United and Liverpool, Arsenal and Tottenham Hotspur, Real Madrid and Barcelona. However, with Fleximize’s roots set in the heart of Suffolk, we think of Ipswich versus Norwich – otherwise known as the Old Farm derby.
Fortunately, we don’t let footballing differences get in the way of our mission to help small businesses. That’s why we were more than happy to offer our support to Norwich-based printing company 2M Print in 2015.
The brainchild of father and son duo Michael and Mark Hipperson, 2M Print offers a diverse range of services, from digital and lithographic printing to large format printing and consumer-focused products including yearbooks, photo albums and custom print solutions. 2M Print’s unwavering focus on providing unrivalled quality printing and outstanding customer service has seen it grow exponentially, becoming a renowned and well-trusted brand within its space.
Funding to grow the business
In late-2015, 2M Print struck an exciting partnership with a global photography brand to launch an innovative new product into the commercial and consumer printing sector. However, to make the launch as smooth as possible, the company needed a small injection of external funding.
Managing director Mark Hipperson was already aware of the different funding avenues available to his business, such as asset-based financing and traditional banking. On the surface, asset finance might have looked the logical solution for a business with sophisticated and large machinery, such as 2M Print. However, with Mark just needing to replace small parts in one of the company’s machines, he decided to look for a lender that could offer a smaller amount of funding on flexible terms.