HSBC UK granted a £50 million Global Trade Solutions funding package to Sonan Bunkers, including £20 million in Receivables Finance, to boost working capital and aid in the company's growth strategies.
CEO of Sonan Bunkers, Graham Furse, expressed satisfaction with the increased funding and HSBC UK partnership, highlighting the bank's understanding of the business's carbon-compensated fuel focus and growth aspirations.
Andrew Noble, Corporate Banking Relationship Director at HSBC UK, emphasized the bank's global trade expertise and support for Sonan Bunkers as it embarks on the next phase of its growth trajectory.
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