Lund Precision Reeds
Region: Yorkshire and Humber
Programme: Investment Programme and our other commercial investments
Lund Precision Reeds can trace its heritage back to 1871 and is recognised as one of the world leading manufacturers of high-quality weaving reeds, warp preparation reeds and yarn guides.
Lund borrowed £50,000 through Funding Circle, a lender support by the British Business Bank’s Investment Programmes, to enhance growth opportunities in both the UK and export markets.
They also used the finance to upgrade existing machinery, to improve the quality of their products and help them to penetrate more demanding markets worldwide.