Helideck Certification Agency (HCA) Lands £3m Re-Financing with Shawbrook Bank

13/03/2020
HCA selects specialist lender, Shawbrook Bank, as new finance partner

ABERDEEN consultancy, Helideck Certification Agency (HCA), has selected Shawbrook Bank as its new finance partner.

HCA are considered the global leading authority on the safe and compliant operation of onshore, offshore and afloat helicopter landing areas. They were looking to refinance existing facilities including a legacy acquisition finance loan from 2014.

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Shawbrook has recently expanded its range of funding facilities to include a senior cashflow product.

Alex Knight, Managing Director of Helideck Certification Agency Ltd, said:

“Our goal was to find a lender that could understand our business, the dynamics of the sector and what we are trying to achieve over the next few years, and Shawbrook did exactly that.”

David Cayzer, Director at Shawbrook Bank, said: “This was an excellent funding project to be involved in and being able to play such a central part was a real pleasure.

“Since it was formally launched, our new Commercial Loan proposition has proven to be a great fit for organisations such as HCA. Alongside our established Asset-Based Lending (ABL) proposition, we’re now able to cater for a huge breadth of businesses looking to fund the next major event in their own evolution.

Financial due diligence was undertaken by Anderson Anderson Brown (AAB).

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