CVS in £120k windfall
A £120,000 loan has been clinched by Maghull-based Control Valve Solutions (CVS) from the North West Fund for Business Loans, managed by FW Capital.
The bespoke valve repair and service company is the second Merseyside business to benefit from the £35m pot, financed by the European Regional Development Fund and the European Investment Bank (EIB).
The loan is set to be used to help CVS purchase new testing equipment and provide capital for growth.
Mick Beavers, CVS's managing director, said: "This funding will support further service improvements with investment in new equipment and software to ensure that valve repairs and overhauls are carried out to the highest standards."
Loans of between £50,000 and £250,000 are available from the fund to small and medium-sized businesses based in the North West.
