| Home | April 2012News | Hewden Stuart extend £100million ABL line with RBS |
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 Hewden Stuart extend £100million ABL line with RBS- Hewden Stuart extend £100million ABL line with RBS
- April 04, 2012
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Hewden Stuart Limited, one of the UK’s largest players in the plant hire sector has extended its £100million Asset Based Lending (ABL) funding package with RBS Invoice Finance until 2015.
The ABL facility, secured against the firm’s account receivables, plant and machinery and property assets was originally introduced in August 2010 to support the company’s working capital requirements.
Hewden Stuart Limited was acquired by an affiliate of Sun European Partners, LLP in 2010. They have supported and overseen the management team’s implementation of a robust strategy and business plan, which is proving highly successful.
The suitability of the ABL facility and strength of relation...
- View more at: http://www.1888pressrelease.com/hewden-stuart-extend-100million-abl-line-with-rbs-pr-387520.html
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