Showcasing the Best of Welsh Business

Welsh Finance Company Support Purchase of 3D Printer for Creating Vital Surgical Implants

SHARE
,

A Welsh university engineering facility has acquired a market leading 3D printer with finance provided by Henry Howard Finance (HHF), which will be used to develop and research the production of medical implants.

The support from Newport-based HHF allowed the academic research body to purchase the ArcamQ10, a printer which engineers products in titanium.

The ArcamQ10 will enable the engineering team to produce detailed parts for orthopaedic surgical implants using information provided by CAT scan data. The printer can read a patient’s CAT scan, identify the medical implant needed and build a solution using technology known as electron beam melting (EBM).

mark-crook-2The cutting-edge equipment will help the engineering facility move forward with their research, and will assist in the development of future 3D printers for medicine and manufacturing use.

Mark Crook, chief operating officer of Henry Howard Finance, said:

“We’re really pleased to support the pioneering work of a Welsh university.

“Acquiring innovative technology is often costly and so it makes sense for companies to use asset finance. Our leasing solutions allow a range of businesses, from SME’s to blue chip companies, to invest quickly whilst protecting working capital.

“We are keen to support further innovation across the medical and manufacturing sectors, both in Wales and across the UK.”

SHARE

Posted by:

Henry Howard Finance (HHF) was established in 1996 and is the largest independent finance house in Wales. Its flexible and responsive finance solutions assist more than 20,000 different UK-based businesses across a variety of sectors. In 2016 alone, HHF provided finance for more than 6,000 businesses lending in excess of £150 million. Its group portfolio stands in excess of £250 million.

The group has won awards across England and Wales for its fast growth, and currently employs 110 people over four locations. The firm’s geographical expansion and secured technological investments provide customers with access to leading financial solutions in the market, including ‘HowApp’, an online credit decision and deal management portal that allows users to complete a finance agreement in as little as 20 seconds.

Henry Howard Finance Group has five business divisions that support the SME market with access to finance, equipment and commercial lending services.

– Henry Howard Asset Finance provides competitive funding for business-critical equipment, including industrial machinery, construction equipment and commercial vehicles.
– Henry Howard Vendor Finance provides access to industry leading technology, a dedicated sales support service and innovative funding facilities to support equipment vendors.
– Henry Howard Retail Finance supports retail and vendor suppliers in the shop-fitting and retail equipment market, with 20 years’ experience in finance and refinance solutions.
– Henry Howard Cashflow Finance provides invoice discounting and invoice factoring solutions for businesses looking to improve cash flow.
– Henry Howard Commercial and Property Finance specialises in commercial and property finance, property investment, crowdfunding and business loans

Related Articles