Irwin Mitchell has secured a £60m four-year finance package with an additional £30m ‘accordion’ facility with HSBC, Lloyds and Royal Bank of Scotland to fund its strategic plan to grow its business ‘substantially’.
The package, which replaces the bank’s current overdraft, includes a £30m buffer facility for further finance if required and has been agreed with HSBC’s Yorkshire corporate team as the lead provider, along with Lloyds Bank Commercial Banking and Royal Bank of Scotland.
