Arbuthnot Commercial ABL generates sustainable working capital for DTC Telecom
This follows a strategic decision from the company’s previous funders to exit the UK invoice finance market.
For over 30 years, DTC Telecom has been helping organisations all over the globe negotiate the fast-changing telecom networking landscape through a commitment to Telecom Lifecycle Management. From its base near Northampton, the company supports: global telecom operators, system integrators, original equipment manufacturers (OEMs), government departments and multinational enterprises to maximise investment recovery from their surplus assets, reduce operating expenses and energy consumption through network consolidation, control Capex on installed legacy platforms and ensure corporate brand protection upon disposal. Designed to comply, support and encourage environmental sustainability, all of DTC Telecom’s services contribute to the wider Corporate Social Responsibility (CSR) policy initiatives adopted by its customers.
Commenting on the transaction, James Norden, CEO of DTC International Limited, said “We are not an off the peg business and what we do is very different to many organisations in the telecoms industry. The team at Arbuthnot Commercial ABL understood exactly what we were looking to achieve, and importantly really got behind our purpose of environmental sustainability and the positive CSR impacts of what we do. One of the things we want to do with this financing is to promote the business more and encourage our customers to embrace the carbon benefits of using DTC.
Arbuthnot Commercial ABL executed the transaction speedily and professionally. This facility will enable us to achieve further growth without disruption to our working capital. Having received a recommendation from a friend at another Arbuthnot client business, I can endorse everything they said and would absolutely recommend them to other businesses seeking dynamic funding for growth.”
Andrew Rutherford, commercial director at Arbuthnot Commercial ABL, said: “This is a great example of the type of business we love to fund; a highly experienced management team with a clear commitment to sustainability and corporate social responsibility, a strong track record of performance and real ambitions for growth. We are excited to be part of DTC Telecom’s story and to provide them with sustainable on-going funding that will support them on their growth journey in the years to come.”