Mainstay Marine

  • Location:
    Pembrokeshire
  • Sector:
    Electronics, engineering & optics
  • Go to company website
  • Tel:
    01646 681117
  • Investment summary:

    Mainstay Marine is a boat builder and fitter based in Pembroke Dock. They build and refit a range of boats, tidal power turbines and other marine engineering projects.

    A six-figure co-investment between Finance Wales and Barclays provided Mainstay with enough working capital to offer a warranty bond for the prestigious Cowes floating bridge project. The loan has now been repaid in full.

  • Total investment:
    Undisclosed
  • Total Finance Wales investment:
    Undisclosed
  • Investment type:
    Loan
  • Purpose:
    Contract finance
  • Executives:
    Raymond Walters