16 August 2024

Endurance secures new £5m credit line

OUR longstanding partnership with Shawbrook Bank continues this week with confirmation of a new £5m credit line.

This new facility enables Endurance to push on with its commitment to deliver much needed modernisation to the UK’s specialist commercial vehicle stock. With the introduction of Euro7 regulations now on the horizon, our ongoing investment in the expansion and renewal of our fleet is making it easier for customers across the UK to integrate cleaner and more efficient vehicles into their municipal fleets. For more information on Euro7, see our article here

“The vehicles this facility will help us secure will be operating in the heart of our cities and towns across the UK, helping to improve air quality while maintaining our built environment. Our thanks to Shawbrook for the ongoing support.”

Neil Jeremiah, Managing Director, Endurance

The Endurance fleet is now fast approaching 600 specialist commercial vehicles, including refuse collection, street sweeping and gully/drain cleaning units. Omar Faramawi, head of external sales for asset finance at Shawbrook, commented: “Endurance’s evolution from a small team to a 50+ strong workforce (since 2019) with a proven track record of success, is remarkable and we’re proud to have played a small part in its success.”