Funding Enables Export Of Vehicles To Saudi Arabia
A UK vehicle manufacturer serving a clearly defined market sector has successfully negotiated the sale of its systems to Saudi Arabia, in a deal worth $6 million
TAEFL was approached to resolve the situation. After examining the options, a business case was made to a bank experienced in trade with the Middle East. Successful negotiation of the funding from this source has enabled the Saudi sale to proceed. The $6 million turnover now available to the vehicle manufacturer is proving an important factor in the company’s proposed re-structuring arrangements
CONTACT
Mark Runiewicz
Trade and Export Finance Limited
mark@taefl.co.uk
www.taefl.co.uk
+44 (0) 121 683 8925
Wednesday 28 November 2012 / file under Automotive | Finance