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Troy Foods Limited
One of the UK’s leading vegetable processing businesses, Troy Foods needed additional funding to acquire one of their suppliers and relocate the entire manufacturing plant and machinery to Leeds, securing supply and additional jobs and growth opportunities. Their incumbent bank seemed hesitant in responding to their needs, so they approached Leumi ABL. Within only fourteen working days Leumi ABL, working in conjunction with Bank Leumi UK, supplied invoice finance and commercial banking facilities totalling £5 million.
David Kempley, CEO at Troy Foods, is enthusiastic about the new financing arrangement: “The flexible funding from Leumi ABL is key to our business growth strategy. The team there reacted very quickly to our needs and we feel confident that we have a responsive and proactive funding partner on board.”
John Walsh, Leumi ABL’s regional sales manager for Yorkshire, adds: “It is clear that Troy Foods is a strong business and we were confident to buy into the quality of their management and business strategy.”
One of the UK’s leading vegetable processing businesses, Troy Foods needed additional funding to acquire one of their suppliers and relocate the entire manufacturing plant and machinery to Leeds, securing supply and additional jobs and growth opportunities. Their incumbent bank seemed hesitant in responding to their needs, so they approached Leumi ABL. Within only fourteen working days Leumi ABL, working in conjunction with Bank Leumi UK, supplied invoice finance and commercial banking facilities totalling £5 million.
David Kempley, CEO at Troy Foods, is enthusiastic about the new financing arrangement: “The flexible funding from Leumi ABL is key to our business growth strategy. The team there reacted very quickly to our needs and we feel confident that we have a responsive and proactive funding partner on board.”
John Walsh, Leumi ABL’s regional sales manager for Yorkshire, adds: “It is clear that Troy Foods is a strong business and we were confident to buy into the quality of their management and business strategy.”
