The Delga Group, a supplier of print and packaging materials based across two sites in Medway, has secured a seven figure loan from HSBC UK through the Coronavirus Business Interruption Loan Scheme (CBILS) to provide stability to the company throughout the pandemic and protect 140 jobs.
The business operates four trading companies: Delga Press, Collector Set Printers (CSP), Martin Paper Sales and Delga Labels. CSP currently works with over 80 NHS Trusts and private medical hospitals, primarily printing, toring, and delivering clinical and critical forms on a contractual basis. However, more recently, it has adapted its stock to provide PPE such as aprons and face masks. Delga Labels, which launched in January 2020, has also been supporting with the national PPE effort having recently won a contract to supply labels to hand sanitiser companies as they increased production during the coronavirus pandemic. Delga Labels has also been supporting local businesses in returning to work by producing safe distance floor stickers for a post COVID-19 environment.
Managing Director Ian Conetta, said: “This is an unprecedented time for all businesses, but the Delga Group has been able to adapt quickly and efficiently to the challenges. HSBC UK’s support has been phenomenal; from the moment we approached the bank for a precautionary loan, they were transparent and sincere, and we look forward to continuing our longstanding relationship with the team as our business continues to expand.”