Norton Motorcycles receives £625,000 from new scheme

Posted on 1 Aug 2011 by The Manufacturer

Norton Motorcycles plans to double its workforce and increase production to 1,000 units a year using the Export Enterprise Finance Guarantee Scheme to secure a £625,000 loan from Santander.

The Business Secretary Vince Cable visited Norton Motorcycles at Donington Park, Derbyshire today to announce the Export Enterprise Finance Guarantee Scheme (ExEFG) loan. The facility is designed to help companies – specifically small and medium size enterprises (SMEs) – to increase their export market. Mr Cable also met with local councillors and Colin Walton, chairman…

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