Case Studies

Back to Case Studies

Telling Architectural

Staffordshire-based company will use MEIF funding to execute ambitious growth plans by expanding their facilities and supporting a recruitment drive

The Midlands Engine Investment Fund (“MEIF”) Debt Finance, managed by Maven Capital Partners (“Maven”), has provided Telling Architectural Limited (“Telling”), architectural façade design specialists, with a £750,000 loan to expand their facilities, creating 7 new roles in the region.

Architectural specialist, Telling, designs and supplies a variety of façade rainscreen systems, specialising in clay, brick, ceramic and stone cladding as well as Glass-fibre Reinforced Concrete (GRC) cladding in the UK. With offices in the UK and New York, the company has internationally built a reputation for its expertise in cladding, offering clients design services, technical assistance and installation support.

According to Market Research Future, the global GRC market is valued at approximately $1.83 billion (£1.48 billion) and is expected to reach $3.35 billion (£2.72 billion) by 2023 representing a CAGR of c.10.3%. Demand is heavily affected by trends in construction activity, which has been resilient due to investment from the private sector and government initiatives introduced to stimulate the residential market, growing adoption of environmentally friendly and lighter weight material to meet the new government nett zero carbon targets for construction by 2050.

Telling is backed by an experienced management team, which include Mike Wood, Chief Executive and Russell Clark, Managing Director, who both co-founded the business in 2002.

Mike Wood, Chief Executive of Telling, said, “It is the perfect time for us to receive this loan from MEIF Maven Debt Finance as our business is on a growth trajectory. The funding will be used to expand our facilities and support recruitment drive; enabling us to grow our team, continue to produce quality products and services, all whilst meet growing demand. We look forward to the exciting plans ahead.”

Sajid Sabir, Investment Associate at Maven said: “Telling is an established player in the UK façade and GRC cladding product market. The business was a pioneer in the UK market to introduce brick-faced GRC cladding products and is continuously working with customers to provide innovative solutions. It is truly an exciting time for the business, and Maven look forward to working with management to support their next phase of development.”

The deal was supported by Orbis Partners, who undertook due diligence on behalf of Maven.

The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

Follow @midsenginv


Last year, the #MEIF celebrated its £50 million investment milestone after helping over 150 businesses secure the finance they needed to grow. Now with over 280 investments made - find out how you could use #MEIF investment to expand your business here - https://t.co/WeQKRS6ZcB https://t.co/l8V8r7UMeh MidsEngInv photo

Whether you are just starting out or are an established business owner, the @BritishBBank’s Business Finance Guide is a key tool for assessing which finance type is right for your business needs. Download it here - https://t.co/guhUslg4wu https://t.co/hEsxqjldWN MidsEngInv photo

Our newest fund manager @FinanceSE will deliver a £40 million debt fund with the capability to invest between £100k and £1.5 million in ambitious businesses based across the Midlands. Read more here - https://t.co/3MeyslaD1z https://t.co/3V3DRGjVXz MidsEngInv photo

Unsure about which funding type is right for your business? The #MEIF offers four different types of finance ranging from £25k to £2 million. For more information about each type and which is best-suited for your #GrowthPlans, visit our funding page - https://t.co/R1yvnMhmVM https://t.co/NSU4D0OOG1 MidsEngInv photo

#MEIF Small Business Loans are designed for micro businesses and SMEs needing debt finance for a range of purposes including: filling gaps in growth capital, funding expansion projects or leasing commercial premises. Read more here - https://t.co/JMRE95q1FM https://t.co/oHEbmyxU57 MidsEngInv photo

Find Out More

If you would like to meet with one of MEIF's appointed Fund Managers to talk in more detail please go to Funds Available to find the Fund Managers operating in your area

Small Business Loans

£25k – £150k

Learn More
debt finance

Debt Finance

£100k – £1.5m

Learn More
equity finance

Equity Finance

£50k – £2m

Learn More

Proof of Concept

Up to £750,000

Learn More