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Davies Haulage Ltd enters into invoice finance facility with Aldermore.

BANKING AND CREDIT NEWS-August 21, 2015-Davies Haulage Ltd enters into invoice finance facility with Aldermore


Newly formed British challenger bank Aldermore on Thursday revealed that it has provided an invoice finance facility to Davies Haulage Ltd, which has been operating throughout the UK for seven months.

The new invoive finance facility from the bank is expected to allow the company to cater for increased demand by purchasing new vehicles and bringing on new staff. Financial details of the new agreement were not disclosed.

Regional sales manager, Invoice Finance, Aldermore, Luan Waite, said "At Aldermore, we pride ourselves on supporting companies throughout the whole process of building their business. Michael's ambitions to increase his employee base will not only boost his business but it will also provide welcome local employment. Davies Haulage is a great business for Aldermore to support and it has real growth potential. I look forward to maintaining and building upon our relationship with Michael over the coming years".

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Publication:M2 Banking & Credit News (BCN)
Date:Aug 21, 2015
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