Lombard has financed a Heidelberg press for Provincial Printing
& Publishing, a Cardiff-based printer.
The asset finance deal, worth over £500,000 (€590,600), was
financed through the NatWest and RBS SME Regional Fund, which is
making £250 million of funding available to SMEs in Wales in
2009.
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“I’m delighted with the new press and this acquisition was
crucial to our service delivery and medium-term strategy for the
business,” said Ian Fitzerald, a director at the company, which
namely prints Cardiff City’s match-day programmes.
Jane Marriott, relationship manager at Lombard, added: “I’m
thrilled for Ian and Sue [the company’s directors] and it was a
pleasure working with them to tailor a finance solution which
suited their individual requirements.”
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