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Ultimate Steel secures loan deal to strengthen future prospects

February 22, 2012 - 12:58 GMT Location: London

KEYWORDS: Ultimate Steel , Wales , Caerphilly , Aldermore

Welsh steel fabricator Ultimate Steel has secured a loan facility with banker Aldermore, strengthening its future prospects, the company said in a statement on Wednesday February 22.

Ultimate Steel, which stocks steel for the use of local manufacturers as well as fabricating components for the building trade, signed an invoice finance facility worth £200,000 ($316, 000) with the new British bank. The factoring agreement...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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