PMD & Coral Products Plc

Customer – Coral Products PLC

Deal – £600K Funding Facility, used to acquire the assets of ICM Ltd that produce vehicle component parts for two major multinational tier 1 automotive system providers.
Why did the client use PMD?– High Street banks wouldn’t support due to age of the machinery. We were able to use one funder from our panel to structure this deal on terms suitable to the client

What will this do for their business? Facilitate greater capacity & allow them to enter the automotive market and support their ambitious growth plans.
Client comment – ‘PMD have been quick and efficient in arranging this transaction despite its complex nature. They’re always easy to deal with and their terms suited our needs, Great service once again’

You might like...

PMD Education Press Release

April 8, 2014
PMD Education is pleased to announce the appointment of Lynsey Jackson as Relationship Manager.

PMD launch new look web site

January 13, 2014
PMD are delighted to launch their new look web site. Please take a look and let us know what you think.