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Download news documents here, or see our latest news page for the most recent article.
Palmer & Harvey
Barclays Asset & Sales Finance supported the Management Buy Out (MBO) of Palmer and Harvey (Holdings) Plc, the UK’s leading delivered wholesaler and distributor in April 2008. This is the third MBO that Barclays has supported for the Palmer and Harvey Group, a Barclays customer for more than 80 years. The funding package, comprised a £280m Receivables Finance Facility and a £50m Senior Debt facility. This is a prime example of how asset based lending can significantly benefit large corporates.
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Print Business
Barclays Asset & Sales Finance sponsored a Print Business roundtable event in April 2008, discussing issues relating to the print industry and its relationship with providers of finance whether they be funding assets, mergers or the sales ledger. Participants included printers, industry finance experts, the editor of Print Business magazine who chaired the event.
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Overlay
Barclays Asset & Sales Finance provided a £1.3m funding package to Hull-based Overlay (UK) Ltd to enable them to acquire the trading assets and business of Lamboard Holdings, a producer of laminated, bonded plywood, plastic board and wrapped moldings used in the caravan, mobile homes, portable accommodation and furniture industries.
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A significant lending deal with Walker Greenbank PLC, the Milton Keynes based international group of companies which design, manufacture, market and distribute luxury wallcoverings, furnishing fabrics and associated products.
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Works Management (from last year)
Read more on how Barclays is supporting the Manufacturing industry.
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Business Editorial - New Chapter for Leasing
Changes to leasing regulations introduced in the budget can make it cheaper to use asset-based finance.
In summary, these changes will affect the way capital allowances are calculated on all leases, and in some cases, who is entitled to claim them as well.
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Public Sector Article - A Strong Solution
The PFI Journal
As the climate changes and every organisation is driven to deliver better services more effectively, asset financing offers a strong, flexible and tailored solution.
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PSCA International - Facilitating Flexibility
Keith Sangwin, Head of Asset Finance Sales at Barclays, summarises the solutions that asset funding can bring for an ever changing environment.
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Funding the best patient service
To be amongst the customer's (patient's) choice, organisations need to stay ahead of the game, ensuring they have a competitive facility and offering.
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