In order to view all images, please register and log in. This will also allow you to comment on our stories and have the option to receive our email alerts. Click here to register

Manitowoc raise $60 million

The Manitowoc Company, Inc has closed a three year trade receivables securitisation deal arranged by the Finacity Corporation and Harris Nesbitt. The three-year funding will be secured against receivables assigned from its operating subsidiaries and will provide Manitowoc cash proceeds of up to $60 million through the ongoing purchase of the debtors, from domestic and Canadian accounts.

The funds will be invested within areas of the business that will provide a higher rate of return.


This website is using cookies to provide an optimised user experience. By continuing you are agreeing to the use of cookies. More Info