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UK Branch

The JRL Group Ltd.

In the first year that we took our business to the UK, the JRL Group was one of our first prospects. This was at a time that various players had withdrawn from the market and others were hesitant to originate new loans. The JRL Group had ambitious plans and was in need of finance to support it’s strategic agenda. We were asked to provide a facility for a substantial capital expenditure programme which would significantly enhance the Groups overall capability and efficiency.

Our solution
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.

Accolades include:

  • Sunday Times Top Track 250 – placed 186th Construction
  • News Top 100 Contractors