London-based Delta Group secured a £10 million ($15 million) asset-based lending facility with Royal Bank of Scotland’s Asset-Based Lending team.

The Delta Group is a visual communications specialist, providing innovative solutions for retailers, brands, and entertainment companies. Formed in 1991 the company has grown from a small screen printing start-up to company that employs more than 600 people across five sites.

The $15 million asset-based lending facility structured by Royal Bank of Scotland supports Delta Group’s investment strategy to grow the business and secure further new contract wins. It currently has offices in London, Waltham Green, Leeds, Dublin and Los Angeles. The Delta Group has banked with Royal Bank of Scotland since 2002 and was recently introduced to the Asset-Based Lending team.

Martin King, director in Business Development, Royal Bank of Scotland Asset-Based Lending said: “We have worked closely with the management team at Delta Group and built up an excellent working relationship across the business. The support of a tailored asset-based lending facility will help fund future investment in the business and we are excited to see what will be achieved.”