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19/05/2016

Funding boost helps Merseyside mariner’s growth plans

A Wirral-based company which hires out safety boats and equipment as well as trained crews is expanding and creating 3 jobs with a five figure loan from The North West Fund for Loans Plus managed by FW Capital.

National Marine is investing in a new state of the art safety and training centre on the edge of the river Mersey including new staff uniforms and new safety equipment for their fleet of boats. The company will also ramp up its marketing and develop a new website as part of its expansion. 

Established in 2012, National Marine’s safety, work and survey vessels are used for a range of flood defence and civil engineering projects as well as to support the emergency services.

Today, National Marine’s high-profile clients include McDonalds, the BBC, Wirral and Sefton Councils and construction provider Bam Nuttall supporting their delivery of the £300 million in-river terminal project Liverpool2 at Peel Ports.

Managing Director and qualified marine engineer, Jon Henshaw is excited about the opportunities the loan will bring. He said:

“National Marine offers a range of boats, pontoons and other services which are currently hired by customers in a number of different industries and sectors.  We have significant potential to expand and the loan from The North West Fund for Loans Plus will help us to unlock this potential.

“FW Capital has been very supportive and understands our growth plans.  We can now invest in key aspects of our business such as our facilities, marketing and recruitment to help us build our customer base across the whole of the UK.”

National Marine expects to recruit at least 3 additional members of staff in the coming year as a result of its expansion.

The company has its own UK database of trained skippers and crew to deploy locally-based experts to jobs around the country.

Administrative Director Jo Henshaw said:

“We understand the importance of helping local communities and we look for local crews to staff our boats no matter where in the country the job is. National Marine now has the opportunity to build on a growing marine industry and is proud to support the 50th anniversary of West Kirby Lifeboat.  As a progressive company we look forward to the opportunities the loan money has opened up to us, and would like to thank FW Capital for all their help and support.”   

Commenting on the loan, Investment Executive Loz O’Connor said: “National Marine is an ambitious and growing Merseyside business led by an experienced management team with a strong track record. Jon and his team have the skills and expertise to transform their company into a leading supplier in this growing niche market. 

“The loan from The North West Fund for Loans Plus has provided the business with the funding boost it needs to build a new state of the art safety and training facility on the Mersey estuary.  The loan will also enable the company to develop its operational base, recruit more staff and implement new marketing initiatives.”

North West Fund Loans Plus