Based in Oldham near Manchester, TP Matrix has supported the rail industry for over 30 years, providing engineering, test, repair, and overhaul services for a wide range of safety-critical equipment associated with passenger and freight rolling stock electronics, including mainline trains, trams, and London underground fleets.
It offers condition assessment, obsolescence management, repair & overhaul and engineering services.
Recently, Arbuthnot Commercial Asset Based Lending has structured and delivered a flexible funding package to support the refinancing of TP Matrix. The facility comprises a revolving invoice discounting line and cashflow loan, which will support a combination of objectives, including the provision of working capital headroom to drive future growth.
