Adam Baldwin, area sales manager for Close Brothers Asset Finance’s print division. Credit: Close Brothers Asset Finance.

Close Brothers Asset Finance’s Print team has funded an Inkcups X5 flatbed printer for Totally Branded, a UK promotional products supplier.

The move is aimed at meeting increased demand for direct-to-object printing and expanding the range of substrates on which the company can print.

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According to Close Brothers Asset Finance, the new printer will replace five existing machines, enhancing capacity at the Swaffham-based company.

Totally Branded is said to have quadrupled in size over the past three years.

Adam Baldwin, area sales manager for Close Brothers Asset Finance’s print division, said the business has now financed a second X5 machine for Totally Branded.

Baldwin said the initial investment was so effective it resulted in a significant increase in contract wins, prompting the company to acquire another unit to meet the growing demand.

He commented: “The low deposit requirement effectively ring-fenced cash for buying stock aggressively to help them keep up with their growth. In addition, the seasonal repayments will match their income.” 

Totally Branded’s head of production and operations Cody Tassie said: “The new machines have been a game changer, and we are delighted to have partnered with Close Brothers Asset Finance to get the printers on site and in use.

“The team really knows and understand the print and promotional merchandise sector and as young entrepreneurs, it’s critical we choose the right partners who will help and advise us along the way.”

In August 2024, PowerGreen, the commercial division of Renewable Connections, formed a partnership with Close Brothers Asset Finance to provide financing for solar energy and battery storage projects aimed at UK-based companies. 

The partnership centred on helping UK businesses adopt solar and battery storage technologies. 

To support this, Close Brothers Asset Finance’s renewables division developed a customised financing scheme designed for PowerGreen’s customers seeking to install solar panels or battery storage solutions at their sites.