Nottingham fleet management firm set to create jobs after landing bank deal
Microlise, the Nottingham provider of commercial vehicle telematics, has refinanced its banking facilities with HSBC in a move it says will support product development, international expansion and job growth.
The finance includes a £2.5m revolving credit facility, which will be used to provide working capital for product development and job creation. Microlise expects to grow its turnover from £51m to £60 m by 2020.
Microlise specialises in telematics, a technology to monitor vehicle performance, driver behaviour and vehicle ... For the full story register now for free or login below...