Blackpool-based Fox Brothers is on the road to growth following a £70m asset-based lending facility from NatWest and HSBC UK.
Syndicate bank, HSBC UK, will support increasing the group’s plant hire and haulage fleet, creating a more efficient way to procure assets.
The ABL facility will allow the group to improve and future-proof its ability to continue to provide quality plant hire to the industry along with the fleet being continually renewed.