TrailerTeq

“We’re committed to continued investment in our technology  and continually improving our offering. The financial support from FW Capital has been an important part of our growth story.”

Andy Eames, Managing Director, Trailerteq

Trailerteq received two six-figure rounds of funding in 2022 and 2023 from NPIF – FW Capital Debt Finance, as part of the Northern Powerhouse Investment Fund to help support continued growth.

The business manufactures and supplies roadside towing equipment. Based in Preston, Trailerteq provides its products to independent roadside recovery businesses as well as the RAC and their dealer network. 

The first investment played a key role in helping Trailerteq to trade during COVID in its role as a key worker and continue to grow the business moving forward, increasing its workforce by 25%. 

The most recent funding in 2023 helped with cashflow for the manufacturing of new trailers for customers including the RAC. The investment support continued to help Trailerteq enhance their engineering expertise, positioning the firm at the forefront of the next generation of Rapid Deployment Recovery equipment.

The first NPIF investment phase has now completed with the British Business Bank launching the Northern Powerhouse Investment Fund II in March 2024.