Springboard Corporate Finance has successfully advised Telford based AutoScan QA on refinancing its UK business.

AutoScan QA is the market leader in the field of quality assurance support within the automotive industry. Due to ongoing success of the business, securing contracts with a number of blue-chip car manufacturers in the UK and Europe, AutoScan QA has successfully secured an innovative funding package from Lloyds TSB to help support the business ambitious growth plans.

The transaction which was led by Justin Sparks on behalf of Springboard CF commented, “The refinancing of AutoScan represents an important step to enable the company to fully capitalise on its market leading position with rapidly growing demand from customers both in the UK and across Europe.”

Posted:10/06/2007