Family-run Fox Brothers receives £70m syndicated ABL


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.



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