Totus Environmental secure new contract with multi-currency facility
Totus secured a contract with a leading waste management facility to outsource their baling and wrapping productions and required a significant investment in new plant and machinery to facilitate. Facility required stage payments to multiple suppliers in both sterling and euros.
Competitive £650k facility arranged in both currencies in stage payments that suited both client and suppliers.
Client was impressed with the flexibility of PMD’s approach which took the hassle away from them. The finance facility has produced a profitable and cash effective project.