State signs historic deal State Securities, the UK sub-prime lessor, has just signed its biggest ever deal worth almost £5m State, an arm of Five Arrows, in turn part of Rothschild, the bank, did not release the customers identity, although the company, , said the customer a Midlands-based plant hire company wanted to restructure its existing debts and release its credit lines, raise cash and acquire two new vehicles
State, an arm of Five Arrows, in turn part of Rothschild, the
bank, did not release the customer’s identity, although the
company, , said “the customer [a Midlands-based plant hire company]
wanted to restructure its existing debts and release its credit
lines, raise cash and acquire two new vehicles”.
The comparatively complex deal also involved three separate
finance agreements with different terms.
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