Close

£500K capital injection for Serene Furnishings

West Bromwich furniture wholesaler Serene Furnishings has received a financial injection of half a million pounds, enabling it to enhance its range and create jobs.

Half of the funding package was provided by Maven Capital Partners through the Midlands Engine Investment Fund, which provides debt finance to of between £100,000 and £1.5m to high growth SMEs in the region. The other £250K came from HSBC.

Serene was established in 2005 and specialises in bedroom furniture. The company will be using the capital injection to upgrade its IT systems, take on at least three new members of staff and expand its product range to include living room furniture. The company also hopes to unlock new markets and exploit potential business opportunities.

This article was originally published on Think Sandwell on 28.09.18

Ambassadors

The Ambassadors are a collective of business people in the Sandwell area with the aim of supporting the Sandwell Business Community.

Find out more

FAQs

See below for the most frequently asked questions.

View FAQs

Contact us

If you want to find out more about the Ambassadors or how we can help you, please see below to get in touch.

Get in touch

Other news

  • Sandwell Business Ambassadors call on Sandwell businesses to enter the Queen’s Award for Enterprise

    SANDWELL BUSINESS AMBASSADORS CALL ON SANDWELL BUSINESSES TO ENTER THE...

    Read more
  • Ambassadors back Sandwell Business Awards

    AMBASSADORS BACK SANDWELL BUSINESS AWARDS Sandwell Business Ambassadors are urging...

    Read more
  • Sandwell Business Ambassadors welcome Black Country Business Festival

    SANDWELL BUSINESS AMBASSADORS WELCOME BLACK COUNTRY BUSINESS FESTIVAL Sandwell Business...

    Read more