The Nottinghamshire-based Rockets Collective, which provides entertainment for functions such as weddings and corporate events, has secured a £15,000 loan which will enable it to push ahead with its growth plans.
The company, which provides its services across the UK and internationally, was set up by Thomas Wyman who runs the business independently and selects musicians and technicians to perform with each booking.
The loan comes as the company continues to recover from the impact of the Covid-19 pandemic, which has caused cancellations and postponements.
Additionally, the business struggled to expand as it was unable to transport additional equipment for shows.
The start-up loan from First Enterprise – Enterprise Loans through the British Business Bank-backed start-up loan scheme, will enable Wyman to purchase a new van as well as lifting equipment and promotional material.
Wyman said: “With the support of First Enterprise – Enterprise Loans, I can take my business to the next level by investing in marketing – while improving the quality of our performance with new equipment and transport. Application and provided assistance every step of the way.”
Nabeel Akhter, Business Advisor at First Enterprise – Enterprise Loans, said: “With the restrictions now lifted and the comeback events in full swing and thanks to the funding we have provided, The Rockets Collective is perfectly equipped to deliver quality entertainment. .
“What I have loved about the business model is that it offers a fantastic variety of great performers that can be tailored to customer tastes. I am confident the business will be successful and wish Thomas the best. .”
Richard Bearman, Managing Director of Small Business Lending, British Business Bank, said: “The Covid-19 pandemic has hit many businesses in the events and entertainment sectors hard, so to see The Rockets Collective recover on footing and pushing forward with plans and expansion is exactly why these loans are available for businesses.British Business Bank is happy to see Thomas and his business prosper and we look forward to seeing this continued success.