Lorega plans growth with £2.75m Clydesdale funding

Venture capital trusts growth

Managing general agent (MGA) Lorega has secured £2.75m in funding from Clydesdale Bank.

The deal, Lorega stated, was put in place to support growth and is the next step following its management buyout - which was confirmed in February this year.

The deal was facilitated by Guy Stamp, director, specialist and acquisition finance and Paul Hambrook, head of insurance at Clydesdale and Yorkshire Bank.

Future
Andy Mintern, commercial and finance director at Lorega said: "With fairly tight timescales,

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