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March 31, 2010updated 12 Apr 2017 4:25pm

Lloyds coach finance deal wins rugby contract

Lloyds TSB Commercial Finance (LTSBCF) has signed a coach finance deal that has raised its profile in Wales, as it has allowed Edwards Coaches (EC), the largest privately owned coach company in the region, to win a five year contract with the Welsh Rugby Union. EC, based near Pontypridd and employing 210 staff, has been a customer of Lloyds TSBs commercial banking arm for 33 years, but only recently opened an asset finance facility with the bank

By Fred Crawley

Lloyds TSB Commercial Finance (LTSBCF) has signed a coach finance deal that has raised its profile in Wales, as it has allowed Edwards Coaches (EC), the largest privately owned coach company in the region, to win a five year contract with the Welsh Rugby Union.

EC, based near Pontypridd and employing 210 staff, has been a customer of Lloyds TSB’s commercial banking arm for 33 years, but only recently opened an asset finance facility with the bank.

As a result of its first deal, the company has acquired the contract-winning vehicle, which includes multiple flat screen TVs, plus a lounge and kitchen.

At LTSBCF, the deal was arranged by relationship director Andrew Williams and regional manager Lesley Williams (no relation).

Fred Crawley

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