New finance for Omni Serv allows new contract from BAA

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By admin October 21, 2010 13:33

New finance for Omni Serv allows new contract from BAA

RBS has provides, Omni Serv, an airline service providers, with a £4.8 million funding package. Lombard, the asset finance arm of RBS, provided £1.8million to fund the purchase of minibuses, medical lifts and airport buggies. RBS Invoice Finance also provided a £2.3 million working capital facility. The deal helped Omni Serv secure a new £12 million a year contract from the British Airports Authority.

Ernie Patterson, chairman of Omni Serv, says: “Heathrow is the UK’s largest airport with more than 90 airlines based there. Given the size of the airport this is a landmark contract for Omni Serv and one that will help us achieve our goal of becoming the leading provider of passenger and security services to aviation industry in this country.”

admin
By admin October 21, 2010 13:33
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