From the very first meeting we felt that PNC was a team that we could easily work with. They understood the business and our ambition instinctively, demonstrating responsiveness, pragmatism and insight during the deal process. We’ve delivered a strong period of growth over the past few years and as we move into our second decade of driving the energy industry towards a more digitised future, we’re eager to continue our dedication to innovation and our customers’ continued success. The facility from PNC gives us all the flexibility we need to take advantage of the opportunities presented by a fast-growing receivables balance, to invest and build at pace, whilst also future-proofing our scalability.
*A portion of the funding provided by Steel City Capital Funding, a division of PNC Bank. Steel City Capital Funding provides Cash flow-based senior debt, junior secured and second lien loans for sponsored and non-sponsored transactions.
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