Cardiff-based Oprema, the UK’s multi-brand distributor of security equipment, is creating 15 new jobs and has moved to a new 15,000 sq ft premises after securing an £850,000 co-investment from HSBC and Finance Wales.
The funding comprised a £350,000 commercial mortgage and £100,000 VAT loan from HSBC, and £400,000 from Finance Wales to refurbish the new premises, which completed in June. The HSBC funding forms part of a £2.6 million finance facility it has in place with Oprema to help it grow its import business and to support the day-to-day running of the company.
