Hercules boosts funding to £25m to back growth and Advantage NRG earn-out
Hercules has secured an enhanced £25m funding package with IGF Business Credit, comprising a larger working capital facility and £5m of new term loans.
The new three-year invoice discounting facility has been increased by 25% to £20m, up from the previous £16m limit, giving the infrastructure labour supplier more capacity to support its expanding operations and order book.
Of the £5m term... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
