South Yorkshire environmental firm secures funding

Environmental protection specialist, Andel, has secured a £2.6m funding package to invest in new plant and machinery.

The funding facility was provided by Arbuthnot Commercial Asset Based Lending and combines a £2m confidential invoice discounting line with a £600,000 growth guarantee scheme loan, replacing Andel’s previous lender following its withdrawal from the UK market.

The funding will help Andel refinance existing debt and provide... 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...