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|Lloyds Bank delivers multi-million pound package to double TRL’s enterprise value|
|Monday, 08 June 2015|
Lloyds Bank Commercial Banking has provided a multi-million pound funding package to leading transport consultancy firm, Transport Research Laboratory (TRL). The deal, which takes the form of a revolving credit facility, supports TRL’s strategic aims of growth and enterprise value creation over the next three years.
The funding package is designed to help TRL achieve its strategic vision of creating the future of transport and mobility. Examples of TRL’s innovative work include pioneering research into driverless vehicles for the GATEway project (Greenwich Automated Transport Environment), dynamic wireless power charging for electric vehicles and major road safety initiatives.
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