DEA Aviation, a specialised aerial data-acquisition company based in Nottinghamshire, has secured a multi-million pound finance package with Santander UK, supported by UK Export Finance (UKEF).
“The funding recognises that DEA is a substantial exporter and will enable the company to continue to build upon the momentum that we have generated over the course of the past year.”
Tim Reid, Chief Executive Officer of UKEF, said: “This announcement of our second Export Development Guarantee for DEA shows how we can develop longstanding relationships to help UK businesses scale up. UKEF’s support is already helping DEA to unlock its potential by creating new jobs and growing.”
Liz Pickering, Relationship Director, Santander Corporate and Commercial, added: “We are pleased to have provided DEA Group with an additional lending package to support the Group’s expansion. The funding will help the business establish itself further as a major exporter of tech-led aerial data services. We look forward to continuing working with the DEA team and UKEF.”