Clydesdale and Yorkshire Banks have created a specialist automotive team to support businesses in the manufacturing supply chain.
The team has been set up to support all areas of business but with particular attention to those which require tooling finance. Typically manufacturers invest between £30,000 and £1m for each new piece of tooling, but rarely see the ROI until on average 18 months later. Clydesdale and Yorkshire Banks are providing rolling tool finance,…
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