LONDON (Thomson Financial) - 1 pm PLC said it has secured an additional
500,000 stg of banking facilities from two of its existing lenders.
The provider of finance to smaller business said it is enjoying strong
demand from smaller businesses and at the same time it is able to maintain a low
bad debt ratio, below 3 pct, by applying strict credit criteria and a definitive
approval process.
tf.TFN-Europe_newsdesk@thomson.com
jjo/tsm/slm
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