SHOKK Ltd, a Trafford, UK-based supplier of specialist equipment, training and services for physical activity, health and fitness of young people aged between five and eighteen, has received £125k from the Interim Northwest Venture Capital & Loan Fund (VLCF).
The loan will help SHOKK to continue to pursue its high growth strategy. The company is planning to roll out more facilities under its SHOKK “Youth Gym” brand and franchise model in the UK and internationally.
The Northwest Venture Capital & Loan Fund (VLCF), managed by YFM and AFM, combines loan, equity and quasi-equity funding to support business growth.
Loans range from £50,000 to £250,000 with Equity and Mezzanine finance available up to £1m for initial investments.