Vehicle suspension distribution expands workforce after securing funding facility

A Bromborough-based vehicle suspension distribution firm has revealed plans to expand its product range and workforce after managing to secure a new funding facility, a recent article in the local business media has been able to find.

Maxtrac supplies products such as sport suspension systems, complete strut assemblies, shock absorbers and coil springs to businesses across the UK and the Republic of Ireland.

Julian Rose, director of Maxtrac said: "We have established ourselves quickly in the UK market but have found that waiting for our customers to pay has resulted in a lack of cash available in the business, which has held us back in the past.

"Having an ongoing working capital facility that will grow in line with our sales gives us the confidence to expand the workforce and target significant growth."

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