Wakefield's Texlogistics has acquired new premises following a six-figure funding package from brokerage Reach Commercial Finance.
The deal - including a commercial mortgage with Allica Bank - has facilitated Texlogistics' expansion into the city's Riverside Business Park - its first property purchase in Yorkshire. Reach also helped the firm navigate legal issues that arose late in the completion process.
Darren Sowden, managing director at Texlogistics, said: "We experienced a number of challenges when attempting to complete the transaction for this site - but we knew Reach would be able to provide the necessary support and give best advice. They stepped up to help us when we needed it most and we are very grateful for their assistance in getting this deal over the line.
