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Asset Finance

Swytch Graphics refinances for growth

Swytch Graphics has refinanced and restructured its funding to support its next phase of expansion. With new contracts coming in, the family-run print specialist needed a facility that matched its ambition. Evolve Business Finance worked closely with the team to free up cash and give the business room to invest in kit and people.

Swytch Graphics has been making brands and retailers stand out since 1981. Based in Leicester, the family run business works with creative agencies, shops and major names across Europe. It was the first UK printer to offer combined litho, screen and digital services and today it runs a modern production site with 26 staff.

As Swytch picked up new contracts and increased output, it needed funding to match its next phase. The directors wanted a facility that would support further investment in kit, people and larger projects. Part of that meant refinancing existing debt and moving the mortgage for the HQ to a more competitive repayment deal with a high street bank. The aim was simple: free up cash and create space to grow with confidence.

 

Stef Radymski at Evolve Business Finance had supported Swytch for several years, previously arranging asset finance and moving its invoice discounting facility to a new lender. This all resulted in lower rates, clearer repayment terms and more room to plan ahead.

The property funding was provided by HSBC, with support from Elena McLoughlin and Skirmante Asari, who worked closely with the Evolve team to complete the refinance.

What our client said

AStef’s approach is simple: make it happen. He understands our business and he gets on with it. The refinance has taken pressure off and given us a stronger base. He’s responsive and good to deal with, which is why we keep working with him. With funding that now matches its plans, Swytch can focus on what it does best - producing high-impact graphics that help brands sell more in store.”

Kevin Boyle, Managing Director, Swytch Graphics

What we thought

ASwytch is a well-run, ambitious business with a long track record. The brief was to simplify current borrowing and secure a mortgage that worked harder for them. We focused on getting the right lender and terms so the directors could concentrate on growth.”

Stefan Radymski, Director - Evolve Business Finance