Kevan Shaw has raised development funding for a rapidly growing motor cycle spares distributor, BFM Distribution Limited (“BFM”), based in Bradford.

BFM has grown rapidly since its commencement three years ago and has already achieved a marked increase in turnover.

Kevan Shaw said “substantial further working capital funding was required to enable BFM to embark on the next phase of its strategic growth plan. With the additional funds raised, the company will be able to continue its rapid growth.”

Funding was provided by Venture Capital Company, YFM Group, and debt by Royal Bank of Scotland.

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