Connect with us


Kick scooter manufacturer blazes a trail to growth with new funding from HSBC

Manchester-based scooter manufacturer, Swifty Scooters, is targeting growth after securing support and funding from HSBC.

Husband and wife team Jason and Camilla Iftakhar who launched the innovative company’s original kick scooter the SwiftyONE to critical acclaim in 2011, has secured a new flexible business loan worth £40,000 from HSBC.

The trailblazing company has ambitious expansion plans and will use the funding to upgrade their supply chain and streamline their manufacturing process, enabling them to expand their bulk orders from overseas and secure their long-term trading sustainability.

The facility will also allow the company to invest in new marketing opportunities, with appearances at a number of exhibitions and trade shows planned throughout 2015, as well as plans to extend their range of accessories to pannier bags and apparel.

The flexible business loan was secured from HSBC’s Manchester Business Banking team in a deal managed by Business Banking Relationship Manger, Nicola Johnston.

Swifty Scooters Joint Managing Director, Camilla Iftakher, said: “We’ve come a long way since Jason hand built and assembled the first ever SwiftyONE in our workshop more than four years ago. We are an ambitious business and HSBC has been there to help us grow our presence both in the UK and overseas.”

HSBC Regional Director of Business Banking, Chris Wormall, said: “Swifty Scooters is a truly innovative company with plans to grow. HSBC prides itself on being where the growth is and Swifty Scooters is leading the way in the premium kick scooter market. I am pleased we have been able to support their plans with a new funding package.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Text Translator

Awards Ceremony

Click on the Image to view the Magazine

Global Brands Magazine is a leading brands magazine providing opinions and news related to various brands across the world. The company is head quartered in the United Kingdom. A fully autonomous branding magazine, Global Brands Magazine represents an astute source of information from across industries. The magazine provides the reader with up- to date news, reviews, opinions and polls on leading brands across the globe.

Copyright - Global Brands Publications Limited © 2024. Global Brands Publications is not responsible for the content of external sites.

Translate »