Inland Homes expands loan as investment spending returns

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By Mike Turner
02 Oct 2020

Inland Homes, a UK housebuilder, has triggered an accordion clause on a sterling loan to finance extra construction, as lenders say there are signs that companies are using money to invest again rather than firefight the effects of Covid-19.

Inland Homes has increased the size of its HSBC-run revolving credit facility from £45m to £65m.

The company plans to use the additional drawings to fund housebuilding activity. 

“We look forward to using this increased facility to deliver many more much needed homes in the coming financial year for our ...

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