Keltbray has secured a £30m working capital boost from Metro Bank to strengthen its balance sheet.
The deal includes a £10m overdraft and a £20m revolving credit facility locked in for three years, giving the engineering and construction group extra headroom to support profitable growth.
Executive chairman Brendan Kerr said Metro Bank had taken the time to understand the business and was backing its plans to grow into more resilient markets.
He said: “We are looking forward to a good working relationship with the team at Metro Bank.
“They have spent a great deal of time getting to know the Keltbray business and what makes us tick, and are keen to support our growth into more resilient markets and better margins.”
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