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Wireless Social secures £500k debt finance to support growth

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Lancashire hospitality guest WiFi company, Wireless Social, has secured £500k of funding from the Northern Powerhouse Investment Fund’s FW Capital Debt Finance.

The money will be used to help the Preston firm in its “ambitious growth strategy” as well as supporting new innovation and ensuring products stay in line with the demands of the industry.

“Wireless Social is an established and highly regarded brand in the UK hospitality sector with a strong management team and clear vision for growth. Wireless Social has developed strong relationships with many leading technology providers in the market, and we’re happy to support the company in its next phase of growth,” said Andy Traynor, senior investment executive at FW Capital.

The company has been in business for 5 years and its technology is used by companies including Carluccio’s, TGI Fridays, Azzurri Group, Turtle Bay, Drake and Morgan, Leon, Itsu, and Oakman Inns.

“For the hospitality sector, the ability to truly understand guest behaviours, and have a really strong understanding of who they are and what they like is paramount. Our customers are looking for new ways to connect with and delight their guests; they want to make their experience the best it can be and that’s where we fit in,” explained CEO, Julian Ross.

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