Legion Trade Finance (LTF) has completed four deals in the past month, bringing the company's total to over £5 million in the first six months of 2013.
Only in its second year of trading, the Henley-on-Thames-based business has facilitated trade worth over £20m, bringing much-needed financial support to SMEs neglected by traditional sources.
In the past month, LTF has provided funding to a manufacturer of engines against a confirmed order; a facility for specific purchases of testing equipment in the automotive industry; an importer of granite and a niche food supplier.
Demetrios Hadjigeorgiou, director of operations, said: “Our second full year of trading is a key milestone for LTF and we’re delighted to be able to celebrate our achievements by providing further funding to SMEs. Following a year full of strategic developments, LTF is looking forward to a bright future.”
LTF is an independent financier assisting UK companies which need facilities to purchase goods from global suppliers, offering structured finance solutions including loans, paying suppliers direct and letters of credit.
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