Oosha secures new funding
Central Business Finance, a Midlands based, independent FCA approved finance broker has secured a £167,000 grant and finance package to fund Wolverhampton’s Oosha Ltd’s new state-of-the-art servers for its data centres; offering their legal and accountancy sector clients the very best online security and productivity.
Oosha, an integrated provider of cloud and managed IT services, was formed in 2009 and currently employs 65 members of staff offering fully managed IT services and end-to-end connectivity including local and wide area networking services and high performing internet access.
The ISO-accredited business with clients across the Midlands will be creating a positive and sustainable future for the Black Country based business, driving innovative solutions in data storage and will be creating two additional roles thanks to grant funding.
Matt Newton, director of Oosha, said: “The demand for technologically advanced, fast and more importantly secure IT services is increasing and it was quickly identified we needed to invest in our systems to support our client’s growing needs.
“Accessing grant funding wasn’t something I had really considered before meeting Steve at Central Business Finance yet we knew we needed to obtain funding to develop our offering and meet the demand of our clients and prospective clients.
“It was clear that Central Business Finance has a strong record of achieving both grant funding and business finance to support West Midlands businesses, and I was keen to get them on board.”
Steve Harris, director of Central Business Finance, added; “Working with Matt and the board of Director’s at Oosha has been interesting. Supporting the technology and IT sector in the Midlands to grow, expand and recruit has been extremely rewarding. The new servers are very impressive and are certainly worth the investment. As the only FCA authorised commercial finance brokers in the Midlands who advise clients on grant funding, I am incredibly pleased to have been able to support Oosha with their growth plans by obtaining a £9,000 grant.”
Matt Newton goes on to say: “Central Business Finance took the time to understand our company, our client base, our sector and our growth plans; and how we can achieve them. Their ability to understand and navigate complex funding options has ultimately taken away many late nights of form filling and more importantly helped us realise a positive outlook for Oosha.
Central Finance, supported over 500 businesses in 2018 with commercial finance., and has raised over £10 million in grant funding, driving significant growth for their respective clients.
Their clever mix of banking professionals, funding experts, accountants and other financial professionals including asset finance, provide clients with peace of mind their businesses, their finance and their future is in the right hands.