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Ogilvie Fleet News & Blog

Ogilvie secure £100m Finance Package from HSBC

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Gordon Stephen, Ogilvie Fleet, Managing Director

Our expansion plans are accelerating, so far in 2015 we've appointed three people to our Sales team and today we can announce that we've secured a £100m finance package from HSBC.

The deal is one of the largest funding arrangements of it's time and will enable us to potentially double in size over the next 5 years. Following on from last weeks announcement about our latest awards win, it's proving to be quite a successful start to 2015.

Gordon Stephen, managing director here at Ogilvie Ogilvie Fleet, said “We are an ambitious business, looking to grow and create jobs. In recent times we have seen an increase in our customer base, invested in technology and devised a prudent disposal strategy, all of which is helping us reach our long-term goals.

“This is a very exciting time for our business and I am pleased to be partnering with HSBC. It is the largest and strongest bank in the UK and the fact that HSBC wants to do business with Ogilvie Fleet speaks volumes for their view of our position in the marketplace.”

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Read the full press release here.

Press Release - Ogilvie looks to expand with Barclays funding

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A new funding stream has become available to Ogilvie Fleet to enable it to achieve expansion objectives and deliver further product and service enhancements to benefit customers.

Eighteen months ago the Ogilvie Fleet board devised a strategic growth plan that focused on operating a 10,000-strong company car and van fleet within three years. That target has already been achieved and now the business is aspiring to a fleet size of around 12,000 vehicles through organic growth over the next two to four years.

Download the full Press release here - Ogilvie looks to expand with Barclays funding


Ogilvie Fleet is a registered company in Scotland with company number SC067027
Ogilvie House, 200 Glasgow Road, Stirling FK7 8ES
VAT registration number 400 892 864
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