Pall-Ex calls on Ryder for major fleet expansion funded by Metro Bank


 

Pall-Ex Group has purchased 66 trucks from lease supplier Ryder with rapid support from Metro Bank. The deal, one of the bank’s largest asset finance deals, involved securing terms for in excess of £4m of finance at near 100% loan to value on the trucks. Kevin Buchanan, Pall-Ex Group chief executive, said: “When this opportunity to expand came along, it was great to be able to work with a trusted partner who could work quickly to help us capitalise on […]