Useful information

• Provide a flexible funding package to facilitate fast growth
• Introduce a more cost-effective and efficient money transmission service
• Deliver a close, relationship-based service
• Demonstrate a desire for a long-term banking relationship

The solution

Working closely with his money transmission and credit colleagues, Paul Foster, Lloyds TSB Corporate Markets Relationship Director, identified the business’s current and ongoing financial needs. He then consulted with other specialists across the bank, presenting Eurogarages with a tailored funding and transmission package the Issa brothers were happy to accept.

“We see our relationship with Lloyds TSB Corporate Markets as a partnership. The bank has helped us grow in the manner that we have. Every time we come up with proposals they are supportive and we see a bright future with them” says Zuber Issa, Director, Eurogarages.

The bank now provides the business with a combination of working capital, term lending, bonding lines, asset finance, financial hedging, money transmission and business charge cards.

“Not only does Paul always deliver what’s promised but he is backed up by a very professional and efficient team on which we can rely,” says Mohsin Issa.

Eurogarages now operates 65 service stations in prime locations.  In just three years the turnover has quadrupled to a forecast of approximately £240million, and the business was named in the Sunday Times 2007 Top 100 Fast Track.

Why Lloyds TSB Corporate Markets?

• Personalised, hands-on service.
• In-depth understanding of the dynamics of the business.
• Strength and supportiveness of the Lloyds TSB Corporate Markets team.

To find out how we could help your business, contact us.

To find out how we can help Asian customers, contact our  Asian Markets specialists.