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CHRIS RAYNER MANAGING DIRECTOR
(FRONT)
JAMES STARR COMMERCIAL MANAGER
RBS (BACK)
ELISE PLOT SALES MANAGER (FRONT)
CHRIS RAYNER MANAGING DIRECTOR
(BACK RIGHT)
JAMES STARR COMMERCIAL MANAGER
RBS (BACK LEFT)
RICKI SMITH OPERATIONS MANAGER
(FRONT)
CHRIS RAYNER MANAGING DIRECTOR
(LEFT)
JAMES STARR COMMERCIAL MANAGER
RBS (RIGHT)
EAGLE TECHNOLOGIES LTD
UNIT 8 & 9
BRICKFIELDS
KILN LANE
BRACKNELL
BERKSHIRE
ENGLAND
RG12 1NQ
T: +44 (0) 1344 303 700
F: +44 (0) 1344 303 701
www.eagletechnologies.co.uk
www.Complete-ID.com
www.Revolution.Complete-ID.com
EAGLE TECHNOLOGIES SOARS TO NEW HEIGHTS WITH RBS BACKING
Bracknell, May 2009 - The Royal Bank of Scotland (RBS) has provided a funding package valued at almost £1m to local business Eagle Technologies Ltd (Eagle). The loan is through the recently launched Enterprise Finance Guarantee (EFG) Scheme to assist the company to expedite its already impressive track record for growth.
Led by Managing Director Chris Rayner, Eagle was established in 1999 and this year celebrates its 10th anniversary. Headquartered in Bracknell, the privately owned business also has offices in Europe and America. Eagle is a world class provider of plastic card printer systems and accessories used for creating photo ID, membership, visitor and loyalty cards, amongst others.
Boasting a revolutionary business offering and a range of leading products, Chris approached RBS for support to secure the provision of working capital required to take the business into its third phase of growth. RBS provided an EFG loan totaling £225K, which will help secure Eagle's continued expansion, and the worldwide distribution of its latest product for desktop card printers. Eagle has also switched its full banking to RBS.
The Government-backed EFG scheme aims to ensure that smaller businesses have the necessary working capital or investment finance in place to help them through the difficult economic climate. Under the EFG scheme the government will guarantee 75% of any loans made.
Chris Rayner, Managing
Director, Eagle Technologies Ltd commented:
"I am grateful to the RBS team for the professional service we at Eagle have received. The bank has taken time to
really understand our business and our future ambitions and provided a bespoke finance facility enabling these plans
to be realised. Furthermore, the transition to RBS has been smooth and straight-forward and I look forward to continuing
to work with the RBS team as our business continues to grow."
James Starr, Relationship
Manager at RBS added:
"Celebrating a decade in business, Eagle Technologies has a proven track record of success and I am delighted to be
working with this leading and innovative business. The bank's provision of bespoke funding packages will enable us to
support the company's growth strategy as they continue to expand internationally while continually developing new
concepts."
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For further information please
contact
Emma Lyons
Media Manager, The Royal Bank of Scotland
Tel: + 44 (0) 7771 938 563
Notes to Editors
The Royal Bank of Scotland Group:
The RBS group is a large international banking and financial services company. Headquartered in Edinburgh, the Group
operates in the United Kingdom, Europe, the Americas and Asia, serving more than 40 million customers. The Group provides
a wide range of products and services to personal, commercial and large corporate and institutional customers through its
two principal subsidiaries, The Royal Bank of Scotland and NatWest, as well as through a number of other well known
brands including, Citizens, Ulster Bank, Coutts, Direct Line and Churchill.
NatWest and RBS are the leading bank for SMEs providing banking services to over 1.2 million SME customers. We are very much open for business and have increased our lending to business and commercial customers by 10% in 2008.
To help our customers overcome the challenges of trading in an economic downturn we made £3bn of additional lending available to SMEs, up to 1 million small businesses will benefit from the Bank's unique overdraft commitments on price and availability.
Extensive geographical reach across Britain through our network of 3,800 relationship managers based at our 2,279 branches and 118 business centres.
Eagle Technologies has offices in the UK, Europe & USA.
© 2012 Eagle Technologies Ltd. All rights reserved. Eagle Technologies Ltd reserves the right to make changes at any time without notice. All other names and trademarks are the property of their respective owners.
© 2012 Eagle Technologies Ltd. The content is for informational use only, is subject to change without notice and should not be considered as a commitment by Eagle Technologies Ltd.
Eagle Technologies Ltd assumes no responsibility or liability for any errors or inaccuracies that may appear in this documentation. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, recording or otherwise, without the prior written permission of Eagle Technologies Ltd.

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