Pall-Ex has secured an eight-figure funding package from Bank of Scotland Corporate. The Ellistown, Leicestershire-based pallet network aims to use the working capital to look at a number of commercial ventures and remain strong in 2009.
The firm was previously shortlisted for the Bank of Scotland Corporate Entrepreneur Challenge 2007. A Bank of Scotland spokesman says: "The credit is out there for the right sort of business. It is still very much business as usual."