Corin Group Limited, the manufacturer and marketer of orthopaedic products, is looking forward to accelerating the expansion of its UK and US business thanks to teamwork from two Lloyds TSB managers in Bristol.
Financial backing has been provided through an invoice discounting facility structured by Peter Anderson, Regional Manager at Lloyds TSB Commercial Finance and a loan arranged by Mike Page, Industry Focus Manager, Lloyds TSB Commercial.
The company’s UK operation is based in Cirencester, Gloucestershire from where it produces a range of artificial joint prostheses, spinal implants and other trauma products. It has subsidiaries in France, Germany, the USA and Japan, employing 160 staff. 65 per cent of its UK business is made up of products produced for export, with the remainder of its sales made to UK hospitals.