- 1pm plc - the AIM-listed specialist independent provider of lease asset finance to the SME sector - has negotiated a new block discounting facility totalling £1.5m. This additional funding will be used exclusively for the purpose of writing new business.

The loan terms are consistent with those of other funders to the group.

The group also announced that it had received a further £270,000 from its quarterly loan programme with Lesmoir-Gordon, Boyle & Co set up in March. This is the second quarterly tranche, making aggregate loans to date of £0.59m.

At 2:14pm: [LON:OPM] share price was -0p at 0.31p

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