Reabrook are happy to announce plans for a £5.5 million Invoice Finance facility from HSBC. This Invoice Finance facility will aid Reabrook’s growth and expansion particularly with a focus on their Arrow Solutions brand in China. This expansion follows the set-up of their new company, Arrow Shanghai Trading Company Limited in 2016, supported by HSBC China.
Arrow are also expanding operations in the Middle East after signing a joint venture to open a Saudi Arabia based manufacturing facility. HSBC’s support to the company is expected to increase turnover by 30% in the next five years.
Reabrook are also looking forward to using some of the capital from HSBC to help further develop the Nielsen Automotive Cleaning brand. Nielsen Chemicals have a firm foothold in the UK and a demand overseas that they are looking to increase.
Tony Brealey, Managing Director at Reabrook Ltd – “This support from HSBC will not only help us expand our offering in China and the Middle East, but also provide an integrated banking approach with HSBC’s international offices. This increased facility also enables us to further grow our private label business working with the major retailers and brand owners.”
Roger Pratt, Area Director for Corporate Banking at HSBC, – “HSBC continues to connect UK businesses to international opportunities and we’re thrilled to be supporting Reabrook in its global ventures. We are committed to helping businesses large and small to realise their ambitions and we look forward to seeing Reabrook fly the flag for British manufacturers overseas.”