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Elite Group has secured a £30m refinancing deal with Lloyds Bank.
"With 16 acquisitions under our belt already we now have a further £30m with which to continue building on organic growth through acquisition," said founder Matt Newing
Gareth Owen, Director of Strategic Debt Finance at Lloyds Bank, added: “Elite Group is an innovative business that has expanded over the past few years. This is largely down to the ambition and commitment of the management team who have continued to drive growth through strategic acquisitions.
"The new finance deal will provide the company with the increased headroom needed to push forward with its expansion plans, without impacting day-to-day cashflow.”
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