Owing to the poor state of the construction sector, it was a challenge for us to meet the JRL Group’s requirements. The Group’s continuing excellent performance and the fact that they operate mainly in London excited us. We also felt at home with their vision of the sector and the quality of their management. This prompted us to provide a facility that would help the Group to achieve their ambitions. At this point, we can say that both sides are very happy with the good relationship we have built.
“Over the past few years when a significant number of UK banks were closed for business, ABN AMRO Lease continued to selectively support strong businesses, and the JRL Group was one of them. With competitive rates and simplified transaction procedures, ABN AMRO Lease has proved to be a strong and competent provider of asset funding.Ronan Gleeson CFO JRL Group
About the JRL Group
The JRL Group operates in the construction sector; it focuses primarily on London and South East England. With a reported turnover of £166m in 2012, the Group has enjoyed significant success and growth over the 17 years since its establishment in 1996 by Managing Director John Reddington. The Group currently has nine trading divisions offering a number of specialist services, including concrete frame contracting, tower crane hire, piling and foundation contracting, and main contracting.