Business
New Finance Facility
New Finance Facility.
About this update from Orchard Funding Ltd.
[{"type":"text","content":"\n \n \n \n RNS Number : 0162C\n Orchard Funding Group PLC\n 16 June 2021\n \n \n \n \n \n \n \n 16th June 2021\n \n \n \n \n \n Orchard Funding Group PLC\n \n \n New Finance Facility\n \n \n 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. \n \n \n \n \n \n For further information, please contact:\n \n \n \n Orchard Funding Group PLC\n \n +44 (0)1582 346 248\n \n \n Ravi Takhar, Chief Executive Officer\n \n \n \n Liberum (Nomad and Broker) \n \n +44 (0)20 3100 2222\n \n \n Neil Patel\n \n \n Richard Bootle\n \n \n \n \n \n For Investor Relations please go to: \n www.orchardfundinggroupplc.com\n 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.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.\n END\n \n MSCEAEKSFFPFEAA\n ","length":4...