Metro Bank has provided a £35m invoice finance facility and £1m asset finance line to a waste management specialist to support its expansion.
Slicker Recycling specialises in the collection and recycling of hazardous workshop waste for the automotive, transport and construction industries.
The company has a network of waste transfer stations, depots and processing plants, supported by over 170 employees.
Mark Stokes, managing director of commercial banking at Metro Bank, said: “This is a prime example of how at Metro Bank we work as one team to meet the needs of our customers, with our large commercial team working hand-in-hand with our invoice and asset finance teams to provide Slicker Recycling with a package tailored to their needs.
“Slicker Recycling has some really exciting plans in the pipeline and we look forward to helping them realise them over the years to come.”
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