Chester-based iPEGS secures five-figure sum from Northern Powerhouse Investment Fund
Workplace efficiency firm iPEGS has secured a five-figure sum from the Northern Powerhouse Investment Fund to grow its client base and expand overseas.
Chester-based iPEGS works with businesses to reduce paper wastage, helping them to move to more efficient and environmentally friendly technology-based systems.
Through its app and web forms the firm helps companies cut down on the costs of printing, storing and recycling physical paper forms, improving both their environmental impact and efficiency.
The company works with a range of businesses across various industries, although mainly in the paper-heavy education and health sectors.
The five-figure finance facility provided by GC Business Finance will fund the expansion of the business’ sales and marketing team.
Adam Leese, CEO at iPEGS, said: “With moves away from traditional form management and paper-based business practices becoming obsolete, iPEGS really stands to benefit from the paperless revolution. We have spent many years developing and refining our products and it is now time to expand aggressively both nationally and internationally. Securing finance through GC Business Finance and NPIF will help us in that mission.”
Andy Nichols, Senior Loan Manager at GC Business Finance, added: “iPEGS has been a great business to work with. The ethos of efficiency and environmentalism is the perfect mix and precisely the kind of positive impact firm that we love to invest in. We’re looking forward to helping them to grow at pace and expand into the international markets that they’re keen to penetrate.”