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Supercar brake disc maker Surface Transforms gets £1m loan from LCRCA

A Liverpool-based firm making brake discs for supercars has taken a £1m loan from the Liverpool City Region Combined Authority.

Surface Transforms manufactures next-generation carbon ceramic brake discs for the automotive and aircraft industries, announced the finance package from the Flexible Growth Fund on Wednesday.

The firm said the loan was taken from the Merseyside Special Investment Fund and tied to capital expenditure, and will be drawn down between March 29 and September 29, carrying interest at 2% over the Bank of England’s base rate.

Surface Transforms plc (LON:SCE) are experts in the development and production of carbon-ceramic materials and the UK’s only manufacturer of carbon-ceramic brakes for automotive use.

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