Metro Bank has provided a £4m invoice finance line to medical insourcing specialist 18 Week Support Group.
The challenger bank has also provided a £400,000 working capital facility, which will enable the company to further support the healthcare sector.
Mark Stokes, managing director of commercial banking at Metro Bank (pictured above), said: “18 Week Support Group is a well-established healthcare provider that offers vital services to local communities across the UK.
“We’re delighted to have been able to support such a forward-thinking organisation and look forward to working with them as they grow and continue to make their mark on the healthcare industry.”
Alexander Chilvers, operations director at 18 Week Support Group, added: “…What has impressed us the most has been the level of involvement with senior management throughout the whole process.
“We are looking forward to a strong continued partnership with Metro Bank.”
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