LFC Insurance refinances with Macquarie

Managing director, Jerry Clayton, explained: "Our existing High Street bank seemed to have their own problems and issues, as many of them have experienced over the last twelve months, and didn't have the appetite to provide any more funding for our growth. So we approached Macquarie, based in the City, over 12 months ago. From the initial indicative offer to the completion of the deal, the process was straightforward and smooth."

Mr Clayton added that as part of the refinancing effort, LFC was