NatWest provides NCMT GBP 13.5 million funding package for management buyout, growth plans
NWG•NatWest funds NCMT management buyout
NatWest has set a new primary banking relationship with NCMT, providing total facilities of GBP 13.5 million to support a management buyout.
The funding package includes a GBP 8.3 million revolving credit facility, a GBP 4 million bond facility, foreign exchange services and operational support.
NCMT plans to use the financing to modernize operations, invest in innovation and support larger contracts in the UK and overseas.
