New Finance Facility

RNS Number : 0162C
Orchard Funding Group PLC
16 June 2021
 

 

16th June 2021

 

Orchard Funding Group PLC

 New Finance Facility

Orchard Funding Group ("Orchard" or "Company"), the finance group which specialises in insurance premium finance and the professions funding market, announces that its subsidiary Bexhill UK Limited ("Bexhill") has completed a new banking facility with Toyota Financial Services (UK) PLC. The facility will fully replace the facility provided to Bexhill by Barclays Bank PLC. The total amount of available banking facilities to the Company is now £20m.

 

For further information, please contact:

Orchard Funding Group PLC                                                     +44 (0)1582 346 248

Ravi Takhar, Chief Executive Officer

Liberum (Nomad and Broker)    +44 (0)20 3100 2222

Neil Patel

Richard Bootle

 

For Investor Relations please go to:  www.orchardfundinggroupplc.com  This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

 

 

 

 

 

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