The Royal Bank of Scotland (RBS) has provided a funding package valued at almost £1m to Eagle Technologies Ltd (Eagle). The loan is through the recently launched Enterprise Finance Guarantee (EFG) Scheme to assist the company to expedite its already impressive track record for growth.
Led by Managing Director Chris Rayner, Eagle was established in 1999 and this year celebrates its 10th anniversary. Headquartered in Bracknell, the privately owned business also has offices in Europe and America. Eagle is a world class provider of plastic card printer systems and accessories used for creating photo ID, membership, visitor and loyalty cards, amongst others.
The EFG scheme replaced the Small Firms Loan Guarantee Scheme and under this initiative the Government will guarantee lending to viable businesses to ensure that they can get the working capital and investment that they need.
- Published: 26 May 2009