Santander UK has offered Keltbray Holdings a new 3 year £33m credit facility to support the company’s continued growth plans. 

This new facility will underpin Keltbray Holdings 2022 year-end liquidity position of £44.1m whilst the company currently has secured orders of £526.4m.

Keltbray is a recognised leader in various industry sectors which include construction, energy, highways and rail engineering. In rail engineering alone the company provides multi-disciplined teams who operate across track, power, electrification, civils and station structures. 

Chief executive Darren James said: “The new funding facility provides the platform for the next stage of exciting growth in key strategic markets, unleashing our potential to support the economic recovery across the UK.”

Chief financial officer Peter Burnside added: “This single bank arrangement with our long-time financial supporter, Santander directly supports our strategic plans to grow the quality and diversity of our order book.  It is further evidence of the strength of our relationship with our existing bankers, and continues to demonstrate the attractiveness of Keltbray’s credit profile with our clients and supply chain partners.”

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