The firm agreed the funding deal with NPIF - BFS & MSIF Microfinance, a product fund managed by GC Business Finance GC Business Finance in partnership with MSIF and part of the Northern Powerhouse Investment Fund.
The company employs a skilled group of former and current emergency services personnel from the fire service, specialist rope rescue units, North West ambulance service paramedic teams, urban search and rescue teams and mountain rescue.
The £35,000 loan from NPIF will be used to create at least five new full-time jobs and fund Reax’s exhibition and event attendance to raise awareness of the training programmes. The funds will also be invested in further development of Reax’s training facility, which already features purpose-built areas to recreate scenarios faced working at height, in confined spaces and industrial and rescue situations.
“Across our growing team, we have faced every situation and danger that you might expect to encounter in challenging work and rescue situations over many years in the emergency services. This expertise means that we are able to work with and train individuals and companies – from emergency services teams to utilities companies and telecom firms - to ensure that they won’t face the dangers that we have.”
Enjoyed this? Read more from Lancashire Business View