Maritime Developments

Funding Story

£5.25m funding facility

Bridge & York Capital Partners has arranged a £5.25m funding facility for Maritime Developments Limited (MDL), the Peterhead based provider of offshore mission critical ‘back of boat’ systems and services to the global energy sector. The funding was used to refinance some existing loans and create additional working capital to support MDL in its long-term development plans.

Bridge & York Capital Partners has worked with MDL since 2015 and provided various facilities to assist in the growth of the MDL rental fleet, being a key cornerstone of its growing business.

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