Crawford Healthcare, which is headquartered in Knutsford, has agreed a major financing deal with HSBC to help launch in Germany and increase its presence in the US.
In recent years, the advanced wound care company has developed its own in-house manufacturing and R&D facilities from its bases in Knutsford and Tarvin. It now has more than 100 employees across several countries.
The new funding arrangement will enable it to press ahead with its international expansion plans.
Richard Anderson, chief executive of Crawford Healthcare, said: "Crawford Healthcare is the fastest-growing privately held company in this sector, and we have an aggressive but realistic growth strategy in place to ensure we reach £100m turnover in the next three years.
"Alongside our UK model, we're putting the processes in place to ensure our rapid growth is sustainable, and we see Germany and the US as the key areas in which to do this.
"The new funding arrangement with HSBC will play a major role in facilitating our expansion and we look forward to continuing this partnership in the future."
David Beaty, HSBC regional director of corporate banking for the North, said: "HSBC is keen to support ambitious and growing businesses such as Crawford Healthcare, who were ranked the 12th fastest-growing company in last year's Business Insider Growth 100. I am pleased we have been able to assist with their exciting growth plans both in the UK and abroad."
Read more at www.insidermedia.com