DMA secured a £500,000 flexible facility from Secure Trust Bank Commercial Finance in 2015, using this to support its growth plans over the years and help the business to the position it finds itself in today.
Between June 2020 and May 2021, the company recorded £4.8m in revenue and posted record profitability, while it is now on track to surpass that figure this financial year.
The improved trading performance of DMA Signs also enabled it to fully repay the facility provided by Secure Trust Bank.
Nicola Langston, owner and director at DMA Signs, comments: “Since completing an MBO the business has undergone significant change. We’ve streamlined service lines, grown our client-base and now we’re more profitable than ever.
“I’ve no doubt that the support from Secure Trust Bank was fundamental to this. The level of care and interest the team took in the business – particularly in the early days – has been massive.
“The Bank’s flexibility, experience and transparent approach played a huge part in this journey and, if we ever required funding again, Mike and the STB CF team are the first people I would go to.”
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