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JLM Global Foods Receives £4.37m Lending Facility From Leumi ABL

July 26, 2023: 12:00 AM EST
UK-based better-for-you snack company JLM Global Foods, secured a lending facility from Leumi ABL, the asset-based lending subsidiary of Bank Leumi UK, with a total limit of £4.37 million. The facility encompasses invoice finance, plant and machinery finance, inventory finance, and a Term Loan. JLM will use the funding to enhance its manufacturing capacity, bolster R&D efforts, and facilitate expansion in the UK, European, and American markets.
Mike Hughes , "JLM Global Foods, Darlington secures new financial package", The Northern Echo, July 26, 2023, © Newsquest Media Group Ltd
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