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ORCHARD FUNDING GROUP PLC Capital/Financing Update 2021

Apr 26, 2021

7827_cap_2021-04-26_0f4b53ce-ad1f-481b-9d82-868c26b4195e.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 5073W

Orchard Funding Group PLC

26 April 2021

26 April 2021

Orchard Funding Group PLC

New Banking Facility

Orchard Funding Group ("Orchard" or "Company"), the finance group which specialises in insurance premium finance and the professions funding market, announces that its subsidiary Orchard Funding Limited has completed a new banking facility with National Westminster Bank plc. The facility will provide finance to the group for all its core historic lending and its lending in new markets such as static caravans. The total amount of available banking facilities to the Company is now £22m.

For further information, please contact:

Orchard Funding Group PLC                                                    +44 (0)1582 346 248

Ravi Takhar, Chief Executive Officer

Liberum (Nomad and Broker)                                                 +44 (0)20 3100 2222

Neil Patel

Richard Bootle

For Investor Relations please go to: www.orchardfundinggroupplc.com This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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