SCL PCB Solutions Group, are pleased to announce that it has completed a £1.9m asset refinancing facility for Lyncolec and its sister company Spirit Circuits with Amicus Asset Finance.
Utilising the existing fixed assets of the group the facility delivers an annual payment saving of £250,000 significantly improving cashflow and enabling considerable further investment by the group.
Commenting on the transaction, Robert Keep, MD of Amicus Asset Finance said: This type of transaction uses the exceptional transactional skills that are embedded in the team at Amicus Asset Finance enabling us to deliver exactly to our client’s needs. We are delighted to have completed this transaction for the team at Lyncolec and Spirit Circuits and look forward to accompanying them on their journey of growth and prosperity.
If you have any questions relating to this, then please feel free to contact us Amicus Asset Finance
Picture from left to right: Stephen Crisp-Jones, Steve Driver, Robert Still, Lee Lloyd, Brendan Strong